Ethereum Is Gaining Strength: 3 Signs the Momentum Might Last

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1. Why is the $2,813 level important for Ethereum?

It marks the resistance line in ETH’s ascending triangle; a breakout could target $3,068 and $3,525.

2. What do MACD and RSI indicate for ETH right now?

The MACD is bullish due to a crossover, and the RSI, near 53, indicates room for further upward movement.

3. Are whales accumulating Ethereum?

Yes, ETH has seen thousands of large transactions daily, signaling institutional and high-net-worth interest.

4. How are ETFs affecting ETH price action?

Over $10 billion in ETH is locked in spot ETFs, reducing supply and increasing upward price pressure.

5. What’s the near-term forecast for Ethereum?

If ETH breaks $2,813 with volume, targets of $3,000, $3,068, and $3,500 become realistic in the weeks ahead.