Ethereum to Breach $3,600 Level As Bull Run Prepares to Kick Off

Ether’s price chart indicates a potential rise to levels not seen since the launch of spot Ether exchange-traded funds (ETFs) in July. However, analysts believe a weekly close at $2,800 is necessary to confirm this move. “If Ethereum can close a weekly above $2,800, I do think Ethereum is going to see a major push toward this upper $3,500, $3,600 area, which will also propel the alts,” said crypto analyst Matthew Hyland in an Aug. 24 analysis video. Currently, Ether’s price is trading at $2,758 after hovering around $2,600 since Aug. 17, according to CoinMarketCap. Over the past 24 hours,