Ethereum ($ETH ) has seen positive news: the upcoming Pectra upgrade will improve usability and staking, Layer-2 activity is booming, BlackRock invested $20M in ETH, and ETF approval is expected by mid-2025—all boosting investor confidence.
Price Performance: $ETH is currently trading at $1,842.17, reflecting a modest gain of 0.25% for the day.
Technical Indicators: Recent analyses suggest that $ETH is approaching key resistance levels, with the Relative Strength Index (RSI) nearing overbought territory. Cryptopolitan
Future Outlook: Projections indicate that ETH could reach approximately $2,082.78 in the near term, representing a potential 14.76% increase
