ETH - In-Depth Technical Assessment.
Ethereum (ETH) is currently trading around $2,590, after reaching an intraday high of $2,709.
The recent "Pectra" upgrade has significantly boosted its price, with an increase of nearly 50% in recent weeks.
The RSI is at overbought levels, which could suggest a pause in the bullish momentum.
However, the overall trend remains positive, supported by improvements in scalability and institutional adoption.
Prediction: If ETH surpasses and stays above $2,700, it could head towards $3,000.
In case of a correction, support levels are at $2,500 and $2,300.