Ethereum price could break toward $3,000 and, with continued buying interest, likely reach $3,400
Ethereum is a leading digital asset, ranking second in popularity after Bitcoin and standing among the most widely invested and traded cryptocurrencies. After last week’s dip, the token appears to be recovering and showing renewed upside momentum.
At the time of writing, Ethereum is trading above $2,550 as buyers search for fresh gains that reflect the bullish trend which pushed the cryptocurrency up about 13% on the holiday Monday. Early Tuesday trading trimmed some of those gains, but ETH/USD remains in positive territory and is holding above the key support level near $2,500—roughly 4% higher on the day.
Where to buy Ethereum to potentially profit from price gains
eToro
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Why ETH could be a buy
Market sentiment has turned more positive, with multiple analysts forecasting a breakout into the $3,000–$3,400 range. Crypto investor Luke Martin has suggested Ethereum could mount a rally similar to its January run if an upward trend gathers momentum from current levels.
Another analyst, known as @AltcoinSherpa, has projected a move to $3,400 followed by a likely pullback to retest support levels above $2,900.
Looking at Ethereum’s trading volume over the past 24 hours, more than $29 billion worth of Ether changed hands, representing an increase of over 17% in buying-side pressure. Higher volumes alongside price strength often signal renewed interest and can support further upside if demand persists.