$ETH
Ether breaks multimonth downtrend as traders target $3,000 ETH price.
Ethereum TVL surges 41% to $52.8 billion in 30 days, with a 22% rise in daily transactions to 1.34 million, signaling strong network recovery.
Technicals show ETH price faces major resistance at $2,100-$2,800.
Ether is setting up for a recovery toward the $3,000 psychological level, backed by recovering network activity, increasing TVL, and strong technicals.
Ether price seeks a return to $3K
Ether
$1,967
looks to end its downtrend that has been in play since mid-December after it turned away from its 10-month high of $4,100.
Crypto technical analyst Mikybull Crypto shared a chart showing the ETH price breaking above a six-month descending trendline, with $2,000 and $2,250 being key resistance levels to watch, saying:
