Target for the next 6 months - ETH - 3200-3300$

Updated
According to the volumes and price action in the last months, the target for the next 6 months is $3200-3300 for ETH.

Considering the following aspects:
- The Cancun upgrade on the ETH chain;
- Possible Eth approval from May 2024 for ETH;
- The emerging narrative with Layer 2 on ETH;
- The ETH/BTC ratio is in a support zone;

I consider that 3200-3300 is a realistic target.
Comment
The target was reached! From this area it is possible to have a withdrawal around the price of 2700 in the following weeks!
cancunetfethETHTechnical Indicatorslayer2Trend Analysis

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