Despite a recent slump, Ethereum’s long-term prospects remain bullish, as suggested by Glassnode analysts. Echoing trends from early 2021, current market indicators point towards a substantial price goal for Ethereum.
This optimistic outlook is underpinned by a pattern of increasing market interest, continuous institutional engagements, and upcoming technological upgrades. Surpassing key resistance levels will be crucial to affirm this bullish trajectory and to propel Ethereum towards its ambitious pricing goals.
