Ethereum (ETH) experienced a 1% increase on Friday, following predictions of heightened inflows into ETH exchange-traded funds (ETFs).
Ethereum price today: $3,900 Ethereum ETF's impressive growth is ‘just a tip of the iceberg,’ says a BlackRock executive. Ethereum ETFs could outpace their Bitcoin counterparts if the SEC allows issuers to stake their assets. ETH needs to maintain its move above a key symmetry triangle to overcome the resistance near the $4,000 psychological level. Ethereum experienced a 1% increase on Friday, following predictions of heightened inflows into ETH exchange-traded funds .
The candle shows bears couldn't keep prices down after ETH saw a sharp decline earlier in the week. ETH/USDT weekly chart If the upper boundary of the symmetry triangle proves to be a good support level, it could help ETH overcome the resistance near $4,000 to $4,100 — a critical level that has proven to be a major selling zone among traders. A breakout above this level could send ETH to test its all-time high resistance at $4,868.
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