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Ethereum seems to gain momentum, showing a significant recovery after returning the $ 3,200 level. Property has increased more than 5% over the past day, pushing its market capitalization and daily trading volume of larger.
This recent movement reduced the gap between the current price of Ethereum and its more and more to only 33%, giving investors reasons to pay closer attention. Different analysts have abolished the potential implications of this price, offering a mixture of short and long -term prospects.
Analysts talk about key levels and future goals
Elite, a well -known crypto analyst, pointed out that Ethereum’s resistance came to the face of “Hawkish signal” from federal reserves. Analyst wrote::
Despite yesterday’s Fed signals, ETH has passed 3200 dollars, showing impressive resistance. But this is not all-actuality in the chain increases.
According to Intotheblock data, the Active Ethereum addresses have increased by 37% in the last few months, reaching 670,000 – it is significantly exceeding the level of 400,000 in early 2024.
This sudden increase in network activities is viewed by some as an indicator of increasing demand and renewed bull momentum as the new year takes place.
Several other analysts also shared their perspective on Ethereum’s prices. Worldofcharts emphasized the consolidation of the cryptocurrency in a tight range, forming a bull flag.
He suggested that a successful breakthrough from this pattern can encourage Ethereum to the area of resistance in the amount of $ 4,000. This upward triangle level, previously listed in its analysis, can serve as a critical turning point for the trajectory of assets.
$ Et # Consolidation within the narrow range of bull’s paranal, expecting soon progress, in the case of successful breakthrough Ethereum can target an area of $ 4000 ascending triangular resistance “I recently shared” https://t.co/gq5Sybikfa pic.twitter.com/b36vrnn9qm
– the world of ladder (@Worldofcharts1) 30 January 2025
Ethereum on the way to $ 9,000?
Another prominent analyst, TED, emphasized that Ethereum’s higher downfalls on a longer time frame signal the strength of the bull structure. He identified the $ 4,000 level as the main, predicting that his recovery could open the door to the new maximum of all time.
Ted went even further, predicting that Ethereum could reach $ 9,000 to $ 10,000 in the next three to four months if these bull conditions continue to persevere. This optimism is supported by growing activities on the chain and the permanent interest of investors.
Ethereum forms a larger lowest to a longer time frame.
$ 4K remains the most important level and will be a refund to send $ Et to New Ath.
Once this happens, I expect Ethereum to hit Ethereum within 3-4 months. Trump will buy more and more
pic.twitter.com/c3ffvxH8xl
– Ted (@Tedpillows) 29 January 2025
Separate picture created with Dall-e, a graph of a traditionview
