Bitcoin also represents the recovery to the 92,000 dollar sign, via ETHEREUM, a brand of $ 2300. Currently, a 2 % increase has been recorded over the past 24 hours, at the highest level 24 hours a day at 2320 dollars.
Currently, it is traded at $ 2297, which represents its third positive day in a row. Will this recovery increase the price of ETH to the 2700 dollar sign? Let’s discover.
Ethereum exceeds $ 2,300
In the daily graph, the ETHEREUM price trend reveals the lower channel pattern. Currently, the ETH price trend is a major oud reflection to bounce inside the falling canal style.
This undermines the collapse of the declining style and begins a new upward wave. Currently, he completed the rejection of the low price of $ 2150 a morning pattern with the upper gathering leadership.
On the occasion of following the upper trend, ETHEREUM represents an increase during the day by 2.45 % and is trading near the $ 2300 sign. With the bullish shift, the MACD lines and the signal lines are about to refer to a positive corridor.
Consequently, the technical indicator will determine a shift in the nature of the direction and increase the chances of continuing upward. However, the prevailing fall led to a negative alignment of EMA 20, 50, 100 and 200 days.
The EMA line comes for 20 days, where the immediate resistance level is within the fall of the falling canal at $ 2454. However, the increasing stability in the market and the improvement of feelings annoys a possible bull round in Ethereum to challenge the upper direction line.
In conjunction with the upper resistance line, EMA comes for 50 days at $ 2731 as a secondary goal.
The analyst shows the exit of Ethereum whales
Ali Martinez, an encryption analyst, High Great growth on the ethereum network. An analyst, who uses data from Glassnode, reveals the number of addresses that carry more than 10,000 ETH has reached 919. This represents a major fall in the number of whales from 999 to 919 in the past two weeks.
WLFI buys $ 10 million ETAREUM
Despite the low number of whales, the Donald Trump’s World Liberty Financial maintains a positive view on ETHEREUM. WLFI recently bought $ 21.5 million encryption, including ETH, WBTC and Move.
Donald Trump International Financial Freedom (WorldLIPERTYFIIt returns to the purchase $ ETHfor $ WbtcAnd $ Movement!
In the past 45 minutes, the box moves 25 meters $ USDC To a multiple new Sig and bought:
• 4,468 $ ETH (10 million dollars) at $ 2,238
• 110.6 $ Wbtc (10 million dollars) at 90,420 dollars
• 3.42 meters $ Movement ($ 1.5 million) in … https://t.co/Pyelkjbfwf pic.twitter.com/azgzeglmqa– Spotonchain March 5, 2025
In the last purchase, the fund acquired 4,468 ETH code worth $ 10 million at an average price of $ 2,238. Moreover, the box acquired WBTC and transferred the symbols of $ 10 million and $ 1.5 million, respectively. Currently, the ETHEREUM box is worth $ 54 million.
ETH price targets 2700 dollars
Based on the analysis of the price movement, the upscale cycle within the fall of the falling canal is gaining momentum. Moreover, the increasing interest of the sexual wing in Ethereum and its increasing confidence indicates a possible bull tour.
However, on the other side, the decisive support for ETH remains near $ 2150, followed by the psychological brand $ 2000.
