Ethereum Targets $3,500, But Faces $2,800 Hurdle

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Ethereum trades near $2,800, which is considered a the key breakout level that could lead to $3,500.

Ethereum (ETH) is back in the spotlight as analysts and traders eye a potential breakout past the stubborn $2,800 resistance, a level that has repeatedly halted upward momentum over the past month.

With growing institutional interest, regulatory clarity, and bullish social sentiment, some now believe a run toward $3,500 is within reach.

Momentum Meets a Wall

At the time of this writing, ETH was trading at around $2,775, marking a 9.1% gain in the last 24 hours and a more modest 6.2% increase over the past seven days, per data from CoinGecko.

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