Ethereum Surges 10% Higher As DeFi Rally Continues, ETH2 Inches Closer

Ethereum Surges Higher  Analysts think Ethereum explode higher in the weeks ahead as it passes key resistance levels in the high-$400s and enters the $500s. Referencing the chart seen below, which shows Ethereum breaking above long-term resistance levels, one analyst recently commented: “So, if all goes according to plan with $ETH, what’s your ‘realistic’ price target?.

Analysts think the upgrade will drive prices higher as investors seek to buy Ethereum to stake in mass quantity. Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com.

Timeline of Ethereum