Top Ethereum (ETH) Price Predictions as Whales Keep Buying

The asset must clear the $2,650-$2,900 range to "accelerate hard," one analyst claimed. The second-largest cryptocurrency gained almost 9% in September, a notable achievement given that the month has historically been one of its weakest periods. Now, many analysts and market observers think that Ethereum is on the verge of a major breakout, while recent whale activity and strong institutional demand support the bullish view. Lots of Optimism As of this writing, ETH is worth just over $2,700, with a market capitalization of almost $330 billion. X user Gerla claimed that the asset’s price chart has started looking “dangerous” for the bears and outlined $2,650-$2,900 as the key zone. “Clear that, and I’m expecting ETH to accelerate hard. The bigger target stays $4,800-$5,200. This doesn’t look like a trend I want to fade,” he added. Altcoin Sherpa noted that the asset has been consolidating over the past several days, interpreting the price action as a sign that a major breakout may be on the way. Ted also commented on the lack of serious volatility lately, arguing that buyers should step in and push ETH above $2,800 for another leg up. Otherwise, he believes the chances of a sharp co...