Will It open the doors to new all-time high prices

As of press time, Ethereum has traded at $3,812.6 with a market cap of $457.62 Billion. Ethereum’s price is approaching high-time-frame resistance at $4050, and surpassing would lead it toward $4700. after passing the all-time high of $4700, which was built in November 2021, could open the doors to new all-time high prices.

On the contrary, situation, if the price faces resistance from the nearest resistance, then the price could test the support levels at $3240.0, and $2850.0.

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