$ETH The price of Ethereum has risen above $2600, with 69 million Ethereum generating profits, as investors look towards the $3000 level amid increasing financial inflows.
With daily gains of 3.36%, Ethereum surpassed the $2600 mark. Ethereum started the week strong and continued its upward momentum as the price of Bitcoin remained above $105,000.
This boosted market sentiment more broadly, with the trade agreement between the United States and China fueling a continued rise this week. Under these circumstances, will Ethereum be able to reach the $3000 mark?
Ethereum Price Analysis: Focus on $3000
The price of Ethereum has risen to $2600 with a daily increase of approximately 3.5%. The sustained rise has produced four consecutive bullish candles over the past five days, contributing to a price increase of approximately 45%.
