$ETH #EthereumFuture
$ETH
Is the price of Ethereum expected to rise?
Ethereum is trading around $1,775, showing strong indicators of upward momentum:
Key Signals:
Price has broken the key exponential moving averages
Confirmation of the bullish golden cross
Whale accumulation + rising on-chain trading metrics
Over $317 million in potential short liquidations above $1,800!
Catalysts:
The Pektra upgrade is scheduled for May 7 - may enhance scalability and collectability
Wallet activity is rising - long-term wallet holders at ATH
Elliott wave indicates a rise towards $2,478
Monitoring Levels:
Support: $1,730
Resistance: $1,800 → $2,000
Bullish forecast: $2,500 or more if the breakout continues
Will Ethereum regain $2,000?