Ethereum's current price is $2,774.38, with a 6.17% increase in the last 24 hours. While it's not exactly at $2,800, it has shown strong growth and is close to reaching that milestone. In fact, Ethereum briefly surged to $2,800 on the Hyperliquid trading platform recently, sparking interest in the crypto community.
Key Resistance Levels:
$2,800 Resistance Zone: According to Glassnode, this price point is packed with longterm holder positions, potentially leading to increased selling pressure.
Recent Price Action: Ethereum's price has been trying to break through the $2,800 resistance level, but it faces strong supply in this zone.
Market Performance:
Market Capitalization: Ethereum's market cap is around $316.91 billion.
24Hour Trading Volume: Trading volume has increased by 20% to $20 billion.
Price Prediction: Some analysts predict Ethereum could reach $3,000 or even $3,200 if it breaks through the $2,800 resistance level.