Ethereum Price Set to Skyrocket? Find Out What Happens Next!

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The weekend starts, and as always, some coins are in the green zone—because who doesn’t love a little color in their lives, right? According to CoinMarketCap, it seems like Ethereum (ETH) is not sitting idle.

ETH/USD

Ethereum (ETH) has managed to climb by 2.38% in the past 24 hours. Well, well, look at that! A little bit of upward movement for the little engine that could.

On the hourly chart, ETH seems to have set a nice little local resistance at $2,006. Not a bad spot to hit the brakes, eh? Now, while the price is still a little far from those key levels, we’re all eyes on that daily close around $2,000. If we’re lucky and the price stays above that, maybe we’ll see a fun ride into the $2,020-$2,030 zone tomorrow. Fingers crossed, folks!

On the bigger picture (you know, the “let’s take a step back and breathe” view), the game remains the same. Neither side is calling the shots right now, and the volume? Yeah, it’s low. So, don’t hold your breath for any big fireworks just yet. Most likely, ETH will be stuck meandering between $1,950 and $2,050 for a while. Patience, grasshopper.

Now, let’s talk midterm (because who doesn’t love some crystal ball predictions?). If the bulls lose their grip on that sweet $2,000 zone, we might be looking at a dip all the way to the $1,500-$1,600 range. Yikes! But hey, it’s all part of the game. No one said it would be easy.

Ethereum is trading at $1,988 as we speak. Will it rise? Will it fall? Stay tuned, folks, this rollercoaster isn’t over yet!

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2025-03-22 17:09