Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.
Market analysts are eying a potential Ether (ETH) rally to $3,000, but it may only occur during the fourth quarter of 2024. How soon can Ether overcome the key $2,700 resistance?
Ether price appears to be setting up for a price breakout above the $3,000 psychological mark, according to crypto analyst Poseidon, who wrote in an Aug. 28 X post:
Other analysts are also expecting a breakout. However, Ether’s price rally may be delayed until the fourth quarter of 2024, according to market analyst Elja Boom.
