$ETH The price of Ether rises due to increased activity on the network and growth in TVL, suggesting further increases.

The price of Ethereum is finally "taking off," will it reach 3,000 dollars?

Altcoin in detail

Key points:

Ether breaks a several-month downward trend as traders target an ETH price of 3,000 dollars.

Ethereum's TVL skyrockets 41% to 52.8 billion dollars in 30 days, with a 22% increase in daily transactions to 1.34 million, indicating a strong network recovery.

Technical analysis shows that the price of ETH faces significant resistance between 2,100 and 2,800 dollars.

Ether is preparing for a recovery toward the psychological level of 3,000 dollars, supported by recovering network activity, an increase in TVL, and solid technical indicators.