📈 Ethereum Price Prediction: Bulls Target $3,700
🛡️ $ETH is holding strong above $3,000, trading at $3,055 despite broader market weakness. Whale accumulation and a rising altseason index are fueling hopes for a rally toward $3,700.
📊 ETH is climbing within an ascending channel, with bulls eyeing a breakout above $3,100. If that resistance flips, it could trigger the next leg higher in this bullish structure.
🔢 The 161.8% Fibonacci level at $3,700 is the main target. If buyers sustain pressure and break the upper trendline, this could confirm the start of a 23% rally.
📉 Awesome Oscillator remains in green territory, signaling strong bullish momentum. On-balance volume is also rising, pointing to steady inflows and reinforcing the upside potential.
Ethereum needs one strong push above $3,100 to reignite the rally. If momentum holds, $3,700 may come into view sooner than expected.