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Can ETH Break $3,000 This Month?

Author

Ahmed Barakat

Author

Ahmed Barakat

Part of the Team Since

Mar 2024

About Author

Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.


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CryptoNews Editorial Team

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CryptoNews Editorial Team

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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Ethereum price is trading at $2,650, up by more than 3% on the day, after six consecutive green sessions dragged it out of a month-long chop zone, shifting its prediction bullish. That streak alone is notable as ETH hasn’t strung together this many up-days since before the summer stall. Now, is $3,000 realistic before September closes out?

Read More:  Macro Shifts and $2.72B ETF Inflows Push Bitcoin Past $80K

The rally has been fueled by cooling macro pressure, a broad risk-on tilt across equities, and a wave of short liquidations that accelerated the move once $2,600 gave way. Renewed spot ETF inflows followed three straight sessions of withdrawals, adding fresh institutional bid underneath the bounce.

Those are not all. Layer 2 activity on Base, Arbitrum, and Optimism has also picked up, with TVL climbing alongside expanding DeFi and RWA tokenization flows.

Bitcoin, meanwhile, is rallying just below $82,000, and that is also pushing rotation capital into ETH. The ETH/BTC pair has staged a visible rebound off its bottom. This dynamic matters.

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Ethereum Price Prediction: Can ETH Hit $3,000 This Week?

ETH sits at $2,6550, 3% higher on the day, with 7-day gains north of 6%. Volume has picked up meaningfully during the breakout, consistent with genuine demand rather than thin-book drift. The immediate technical hurdle is the Fibonacci 0.382 resistance near $2,800, a dense overhang zone where break-even holders and short-term profit-takers tend to cluster.

Read More:  ETF Inflows Surge to $1.55B

Support has formed around $2,570–$2,600, with a deeper floor near $2,400 if momentum fails. Our analysts point to a confirmed breakout above $2,700 as the trigger for continuation toward $2,800, then $3,000.

  • Bull case: A clean close above $2,800 opens a direct path to $3,000 on continued ETF demand.
  • Base case: Consolidation between $2,600–$2,800 while the market digests recent gains.
  • Bear case: A rejection at $2,700 sends ETH back toward the $2,400 support, invalidating the near-term breakout thesis.

Whether $3,000 prints this month likely hinges on ETF flow consistency more than any single technical trigger. Worth tracking closely.

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LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

A move to $3,000 would confirm the bullish structure everyone’s been waiting on, but at Ethereum’s current market cap, doubling from here isn’t a weekend trade; it’s a multi-month campaign. Traders chasing outsized returns are increasingly looking past majors toward earlier-stage infrastructure plays that haven’t already priced in years of adoption.

Read More:  CLARITY Act: DeFi’s Tokenization Upside

LiquidChain ($LIQUID) is one of those plays. It’s a Layer 3 infrastructure project fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment. Liquid is a genuinely rare pitch in a market saturated with single-chain scaling stories.

The presale is priced at just $0.014957, with $970K raised so far. Core features include a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once Architecture, letting developers build once and reach BTC, ETH, and SOL ecosystems simultaneously.

Research LiquidChain before the raise progresses further.

Discover: The Best Token Presales


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