Ethereum (ETH) is currently trading at $2,669.27, showing a 1.79% increase with a notable 50.48% rise in 24-hour trading volume to $27.89 billion.
Technical indicators suggest Ethereum is likely to experience a breakout, supported by strong volume and overall bullish market structure.
Analysts predict a wide price range for ETH in 2025, varying from $2,076.27 to over $5,686, based on market behavior.
Traders are advised to monitor the $2,720 resistance level closely for potential breakout opportunities, with support at $2,683 and stop-loss at $2,652.