-
Ethereum sets highest weekly close in 4 years: Watch these ETH price levels
Ether price hit another milestone this cycle after the ETH/USD trading pair achieved its highest weekly close since November 2021. Ether closed the week at $4,475 on Aug. 13, according to data from Cointelegraph Markets Pro and TradingView confirms. This significant milestone follows a breakout above the $4,000 resistance level, which had been in place since 2021, signaling strong bullish momentum. One of the reasons are spot Ethereum ETFs with massive inflows over the last month, and a record $1.02 billion on Aug. 11 alone. These inflows are led by BlackRock’s ETHA, now totaling over $12.6 billion, per data from ... (full story)