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ETH price prediction: Ether eyes $2,879 as technical indicators switch bullish

  • Ether (ETH) has surged over 6% in the last 24 hours, reaching $2,598.
  • Institutional interest in ETH is increasing, with 106,000 ETH flowing into spot Ether exchange-traded funds last week.
  • Technical indicators are bullish, suggesting a potential rally towards $2,900 for ETH.
  • ETH could face resistance at $2,738 and $2,879, but may dip to $2,530 before rallying higher.

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