Ethereum Price Today shows resilience as ETH trades above $3,670 after retesting and finding support at $3,454. This weekly level is crucial; if it holds, Ether Price may rally to the psychological $4,000 resistance. Conversely, a decline below $3,454 could see the price retrace to $3,335.
The RSI indicator on Ethereum’s daily chart currently reads 66, signaling bullish momentum without nearing overbought conditions. Such indicators align with an optimistic Ethereum prediction for continued gains.
Recent on-chain activity bolsters this outlook. Ethereum’s TVL surged by $4.81 billion last week, pushing Layer-2 network activity to an all-time high of $51.5 billion—a 205% increase year-to-date. Base also reported $302.02 million in TVL growth, underscoring the ecosystem's scalability.
Institutional interest remains high, as ETH News Today highlights six consecutive days of spot ETF inflows, including $55.92 million into BlackRock’s ETHA ETF. The combined Eth Coin ETF net value now exceeds $11.13 billion, strengthening the asset’s position in the market.
As Ethereum breaks out of a triangular consolidation pattern, the midterm Ethereum Price Prediction 2024–2025 suggests a potential surge toward ETH All-Time High levels and beyond—possibly reaching $10,000. The trajectory reaffirms ETH Price Prediction optimism for long-term growth.