Ethereum Price Prediction: Is $3K in Sight After ETH’s Latest Breakout?

Ethereum’s latest rally has carried the price back into a major supply area, but sellers have started to respond around the highs.

With the asset now near $2.58K, the next reaction could determine whether the recent advance develops into a larger breakout or gives way to another consolidation phase.

Ethereum Price Analysis: The Daily Chart Ethereum’s daily structure has improved substantially following the explosive breakout from the $1.85K-$1.92K demand zone.

That move also reclaimed both major moving averages shown on the chart, with the longer-term average now flattening and the faster one turning higher. Since then, Ethereum has consolidated above roughly $2.35K and recently pushed toward the major $2.63K-$2.70K resistance zone.