$ETH

Ethereum's current price is $2,791.90, with a 4.31% increase from yesterday's closing price of $2,676.67. This upward trend is reflected across various exchanges and markets. Key statistics include:

- *Current Price*: $2,791.90

- *24-hour Range*: $2,661.61 - $2,821.70

- *Market Cap*: $336.9 billion - $337.05 billion

- *24-hour Trading Volume*: $34.3 billion - $36.6 billion

Market sentiment appears bullish, with analysts citing potential breakout signals and rare monthly chart patterns. Some predict a significant uptrend, drawing parallels to historical patterns in 2016, 2018, and 2020. whale accumulation and a rebound in Ethereum's stock RSI on the monthly timeframe are also seen as positive indicators.

*Support and Resistance Levels*:

- Support: $2,585 (recent low)

- Resistance: $2,797 (recent high), $2,940, and $3,159

Overall, Ethereum's price movement suggests a strong bullish trend, driven by positive technical indicators and market sentiment. Monitoring key support and resistance levels will be crucial in determining the cryptocurrency's future price direction.