#ETHCrossed2500 Ethereum jumped above $2200, analyst expects $5791
Ethereum showed significant growth, surpassing the $2,400 mark with a 34% increase over the past week. This rally followed Bitcoin's rise above the six-figure mark, positively impacting the entire cryptocurrency market.
Break above $2,400 confirms strength
Recent price movements of Ethereum indicate a possible end to the bear market.
The breakout exceeded the previous resistance level that had been relevant since March.
High trading volume accompanies this bullish movement, indicating sustained momentum.
Analysis suggests that Ethereum may return to its historical highs in the near future.
$5,791 as an 'easy' target
Analyst MasterAnanda predicts that Ethereum could reach approximately $5,791 based on Fibonacci extension levels.
A price of $10,000 is expected by the end of 2025 due to increased capital inflow.
Current estimates indicate that $250 billion could flow into the cryptocurrency market during this rally.
