Ethereum remains above its 50-day moving average, eyeing a potential rally towards $4,000. However, overcoming the $3,113 resistance is crucial. Meanwhile, massive token unlocks from projects like Celestia could impact the market.
was trading at around $2,635.16, staying above its 50-day moving average of $2,527.49. Despite a recent 2.13% decline, Ethereum remains above this key support level.
In the short term, if Ethereum can break above the 200-day moving average at $3,113, the price could climb to $3,400–$3,500.
Ethereum Cryptocurrency Token Unlocks Market Dominance Price Prediction
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