Ethereum (ETH) Price May Hit $3.4K If ETH Holds This Support 📈
Ethereum (ETH) could see a substantial increase in price, potentially reaching $3,400, according to market analysts. Current on-chain data and market activity suggest that if ETH maintains above crucial support levels, this target could be achieved soon. This outlook comes amid rising ETF inflows and strategic whale movements.
Market observers are keeping a vigilant eye on these factors as they analyze Ethereum’s path forward. The importance of the cost-basis distribution and understanding the underlying support levels is key for traders seeking to capitalize on the possible upward momentum in the ETH price.
Source: www.thecoinrepublic.com ↗