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Ethereum Price Forecast: ETH at realized price, breakout or resistance?
Ethereum (ETH) has reclaimed the $2,300 level for the first time since early February, rising more than 12% over the past week despite sustained Middle East war tensions. The move has pushed ETH above its realized price, which is the average cost basis of investors, at $2,306. Historically, a rise above the realized price could lead to distribution as investors break-even if the trend is weak. On the flip side, investors could defend the level to remain in profit if the trend is strong. Whales — wallets with a balance of 10K-100K ETH — are one of the major catalysts behind ETH's recent strength, accumulating 540K ... (full story)
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