The price of ether (ETH) has increased almost 8% in the last 24 hours, reaching the highest level of USD 2,064 on March 19. The Altcoin trading journal has increased to USD 17.4 billion because ETH has regained its position above USD 2000.

ETH shows the breaking of a growing triangle

The ether price increased today after Altcoin managed a successful breakthrough from the triangle pattern. After a decline below USD 2000 on March 10, the ether is a higher minima, and then many re -rescenes to direct resistance of USD 1950, which was a neckline for the pattern.

The party discrepancy was also formed between the price index and relative strength (RSI), preceding the local bottom at USD 1,752. Such technical configurations indicate that the stubborn rush is against the bear trend.

With a confirmed stubborn breakthrough taking place from the triangle pattern, technical goals remain in the amount of USD 2142, which is about 5% compared to the current price of ETH. However, the 100-day interpretation average movable (blue line) provides a resistance of USD 2,050, which should be transformed into support for price, which value USD 2142.

Rekt Capital, an anonymous cryptographic analyst, Highlighted This ETH recently tested the long -term demand zone at the level of $ 2000. In relation to the stubborn reversal, said Trader

“If the price can generate a strong enough response here, ETH will be able to recover the macro range 2196–3900 USD (black).”

Related: ETH DIM prices, such as Ethereum Dex Wolume falls by 34% per week

Ethereum flows to make accumulation address hit recent highs

Regardless of the latest price corrections, ETH accumulation addresses They were spare to a vast extent. On March 12, the inflow of ether to ETH accumulation addresses reached a one -day record at 345 210 ETH.

Ethereum accumulation addresses are a specific classification of portfolio addresses used to track long -term keeping in the Ethereum network. These addresses usually do not have outgoing transactions, which means that ETH is not used for expenses or transfer.

In 2024, these addresses gathered over 5.8 million ETH for a period of 12 months. In 2025, the accumulation indicator increased significantly, with the same addresses gain 4.73 million ETH in less than three months.

Onchain data show that vast owners potentially operate the low price of ETH, adding Altcoin with a discount, which is currently 58.4% lower than the highest time.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.