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The price of Ethereum (ETH) is expected to reach $2,000, according to several tweets. The open interest (OI) for ETH is increasing rapidly, with an estimated $2 billion OI on Binance, Bybit, and OKX. Analysts believe that ETH could briefly surpass $2,000 before experiencing a local top. However, they do not expect this to be the end of the upward trend. The monthly chart for ETH shows higher lows consolidating towards resistance, with each dip becoming shallower. If ETH can break through the $2,000 - $2,100 area, there is potential for further gains. Currently, ETH is trading above $1,900. Some specific Ethereum-based tokens, such as GRAPES and Cryptoadz, have seen significant price increases recently.
!VIBE Cryptoadz rocket up to 1.2 ETH. First time floor has been above 1 ETH since March. https://t.co/AyQwUaMUrp
i'm not a chart guy but if $ETH can break above this $2100 level we probs go full on rally imo https://t.co/ypD1qmFqx1
One big winner of the recent liquidity (perhaps from $MEME): GRAPES where floor has risen from 0.5 ETH to 1.3 ETH. https://t.co/UY01xyde37
$1.9k all day. $ETH
JUST IN: $ETH above $1,900 https://t.co/ss4I6EzpP5
$ETH The monthly chart looks juicy. Higher lows consolidating towards resistance. Each dip is shallower than the last. If it can break through the $2,000 - $2,100 area, then sky is the limit. https://t.co/lPDVHhXShq
Will $ETH surpass $2k this week?
$eth is already $2k in my head
$ETH OI is ramping up like crazy. I assume that around $2b OI (Binance + Bybit + OKX) it'll top out together with price. If I had to guess that takes us briefly through 2k then local top. I don't expect that local top to be the end of the trend though. https://t.co/9fALJahEIu
My body is ready for ETH at $2,000. (art by @ArtySandraEth & @artbertinelly) https://t.co/tUIjhNqZCL