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Ethereum Price Looks Positive With 8% Weekly Gains – Where to Buy ETH

Ethereum price could break towards $3,000, with further upside amid buying interest likely to push it to $3,400

Ethereum is a top digital asset that’s second only to Bitcoin in terms of popularity, and one of the most invested in or purchased cryptocurrencies. After last week’s dip, it appears set to rally higher once more.

At the time of writing, the price of Ethereum is holding above $2,550 as buyers seek fresh gains to mirror the upside that saw the cryptocurrency rise 13% on bank holiday Monday. Although early morning deals on Tuesday have pared some of the gains, ETH/USD is still green and is hovering above the crucial $2.5k support level- nearly 4% higher on the day.

Where to buy Ethereum to take advantage of potential price gains

eToro

eToro is the world’s leading broker platform for trading of stocks, shares, and commodities. The platform also offers access to all the major cryptocurrencies including Ethereum and Bitcoin. You can safely buy ETH on eToro, trade for other hot altcoins, or invest through a CFD to benefit from Ethereum’s price movement. Take advantage of eToro’s low fees and secure trading platform to buy Ethereum instantly.

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Coin Kong

Coin Kong is for you if you want to buy Ethereum and 100+ other top coins from the leading brokers in the world. The platform connects users to all the premium brokers in your country, giving you access to platforms with the lowest or no commissions. To use this platform and benefit from the many unique features it offers, you need only register for and verify your account. It’s easy, fast and secure.

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Why is ETH a buy?

There’s a fresh upside building up, with sentiment turning positive as several analysts project a breakout to $3,000-$3,400 range. According to crypto investor Luke Martin, Ethereum could see a rally similar to the one observed in January if an uptrend starts to strengthen from here.

Another analyst, @AltcoinSherpa, forecasts an uptick to $3,400 before a likely pullback to retest support levels above $2,900.

Looking at Ethereum’s trading volume in the past 24 hours, a total of over $29 billion worth of Ether have been traded. That represents an increase of more than 17% in buy-side pressure.

The post Ethereum Price Looks Positive With 8% Weekly Gains – Where to Buy ETH appeared first on Coin Journal.

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Author: Benson Toti

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