On-chain analytics firm Santiment said that Ethereum (ETH), which has been at its highest level in the past 7 months, has a clear path up to above $ 2,000.
Santiment shared on Twitter in the shipmentHe stated that Ethereum, which has reached its high level since August 18, did not have any problems on the network and the network did not heat up, despite the high demand. Santiment, the Ethereum price of this situation your $2,000 He thinks it’s an important sign to rise above him.
Ethereum has never crossed the $1,840 level since August 18. Despite being at the highest level in 7 months, the network is in high demand and does not heat up, does not create a transaction barrier. This is a good sign that there is a door for Ethereum at $2,000 or beyond.
On the other hand, despite the rise in Ethereum price, the transaction fee your $2 its regression to gold confirms Santiment.
Santiment recently reported that during the pullback in the last week of February, the data was historically showing new low signal had expressed. ETH has shown a 15% increase performance since that share.
ETH, at the time of writing, according to CoinGecko data from $1,791 is being traded.