Crypto Daily™24 minutes ago

Published on March 24, 2025 00:23 GMT+00:00edited on March 24, 2025 00:24 GMT+00:00

Analysts view Ethereum as a central cryptocurrency due to predictions that the digital asset second only to Bitcoin might experience a momentous market surge. Several positive indicators suggest a rise toward the $5,000 ETH price level. However, the path to this success faces challenges because experts predict Remittix (RTX) will perform better than Ethereum's most ambitious expectations.

Retesting a Multi-Year Ascending Support

Ethereum has displayed strong resistance over the years. Previous market surges of more than 1,400% and 270% from this technical structure have occurred following the LUNA collapse and the Bybit hack events. Observers of Ethereum's bullish sentiment have valid reasons to be optimistic due to the historical reliability of this trendline despite current market …