Ethereum (CRYPTO: ETH) is surging on Friday, backed by strong ETF inflows and bullish options data.
Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
Ethereum (CRYPTO: ETH) | $3,577.05 | $431.1 billion | +4.3% | +7.3% |
Bitcoin (CRYPTO: BTC) | $98,100.82 | $1.94 trillion | +1.8% | +4.4% |
XRP (CRYPTO: XRP) | $2.45 | $140.8 billion | +3% | +13.5% |
Trader Notes: Crypto trader CJ forecasts Ethereum hitting equal highs around $3,555, with the possibility of rejection near $3,640–$3,650 should it push into a supply zone.
Alternatively, a dip to $3,000 could present an attractive buying opportunity, with potential for new all-time highs.
For now, CJ is watching ETH’s mid-range position, waiting for it to approach a key level.
Another trader, Cold Blooded Shiller, sees Ethereum “teasing the upside breakout,” suggesting a bullish momentum shift is imminent.