Ethereum Price Prediction: ETH Climbs 2% Ahead Of The Pectra Hard Fork As Experts Say Consider This Hot Solana Upgrade For Parabolic Gains
The Ethereum price climbed over 2% in the last 24 hours to trade at $3,221.22 as of 6:19 a.m. EST as investors slowly start to increase their exposure to the crypto. This uptick in the ETH price comes ahead of Ethereum’s much-anticipated “Pectra” upgrade, which is scheduled for March. The upgrade will introduce an array of speed and efficiency improvements to the network. Ethereum Price Trying To Form A Technical Foundation To Rise From 4-hour chart for ETH/USDT (Source: TradingView ) The Ethereum price is attempting to flip the resistance level at $3,193.58 into support. Should the leading altcoin establish a position above this technical barrier within the next few hours, traders might start to enter into long positions for ETH. With this potential buy pressure, the crypto could end up attempting a challenge at the $3,357.52 mark and even rise to $3,504.01. On the other hand, the Ethereum price failing to form a foundation above the $3,193.58 level might lead...