Currently, the price is on the verge to regain the previous positions around the ATH very soon with a V-shaped recovery. Once the price smashes the ATH, the path towards the higher levels are clear. According to a popular analyst The Moon, the Ethereum price may hit as high as $3000 any day from now.<\/p>
Moreover, the dip from the ATH levels around $2152 to the recent lows at $1930 is speculated as a last chance to accumulate ETH below $2000. As said by another analyst Galaxy, the price is expected to surge from now until the price hits $3000 per ETH.<\/p>
Bears May Take Over the Ethereum Price Rally\u00a0<\/h3>
The ETH price rally appears to have a steady approach without steep jumps and pumps unlike Bitcoin. The price, despite being considered as undervalued by many analysts, moves close to the MA levels.\u00a0<\/p>
The price is expected to rally close to $2500 by the end of this month, however, a slight pull back may also be underway. According to analysts, Helical Trades, the ETH price may dip below $2000 before rising to the levels above $2300.<\/p>