Analyst Says Ethereum Is the Best Ecosystem and Ether Is Poised to Top $5,000
CoinDesk
An analyst claims Ethereum is the top ecosystem, predicting Ether could soon surpass a $5,000 all-time high.Summary
Crypto analyst Michaël van de Poppe stated on X that Ethereum is the superior ecosystem for investment due to its developer activity, products, and network effects, suggesting Ether is nearing a new all-time high above $5,000. Technically, Ether (ETH) traded up 1.50% to $3,822.60 on heavier-than-usual volume before facing rejection near the $3,860–$3,880 resistance band, causing a late slip. For a sustained move toward record territory, the immediate requirement is a clean reclaim of the $3,880 level, which would confirm buyer control and reopen the path toward the session high of $3,887.35. Key support is identified between $3,680 and $3,720, while the near-term trading range is framed between $3,730 and $3,880.
(Source：CoinDesk)