In Brief

• Ethereum surpasses $3,000, a first since April 2022, indicating a strong bullish market trend despite rising volatility.
• The price increase is linked to a bullish breakout from an ascending triangle pattern, with a potential target of $3,500.
• Optimism around the approval of a spot Ethereum ETF in the US contributes to speculation and further increases in value.

Ethereum, the second-largest cryptocurrency by market capitalization, has surpassed $3,000 for the first time since April 2022.

Ethereum Price Surpasses $3,000

This surge in value is attributed to a bullish breakout from an ascending triangle pattern observed on the weekly chart in December 2023. Despite the gradual pace of its upward movement, the ascending triangle formation suggests a potential future target of $3,500 for Ethereum.

Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals for trading. Godleak tried to provide you signals of best crypto vip channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Godleak crypto leak service have multiple advantages in comparision with other services:

•  Providing signal of +160 best crypto vip channels in the world
• Using high tech bot to forward signals
• Without even a second of delay
• Joining in +160 separated channels on telegram
• 1 month, 3 months , 6 months and yearly plans
• Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features

Join for Free

☟☟☟☟☟

https://t.me/Godleakbot

Also you can check the list of available vip signal channels in the bot. by pressing Channels button.

The momentum behind Ethereum’s rise is partly fueled by the growing optimism surrounding the potential approval of a spot Ethereum ETF (exchange-traded fund) in the United States. Such a development is anticipated to increase speculation around Ethereum, potentially driving its value even higher.

Investors are encouraged by Ethereum’s performance, viewing it as a positive indicator of the cryptocurrency’s strength and potential for further gains. As Ethereum navigates through this bullish phase, the market remains watchful for signs of sustained growth and the possible realization of its $3,500 target valuation.