Q q

Ethereum price holds $2,500 as bulls target $3,000 next

Ethereum price held above $2,500 on Aug. 27 after strong US spot ETF inflows, improving global liquidity conditions, and a historic short squeeze supported its weekly breakout.Ethereum price gained about 7.8% from its Aug. 21 opening price to trade near $2,507.US spot Ethereum ETFs attracted $697.2 million during their strongest inflow week of 2026.The daily chart places ETH at the critical $2,500 resistance level, with $2,656 as the next upside target.Liquidation data show concentrated leverage around $2,550 above price and $2,415 below it.According to data from crypto.news, Ethereum price traded near $2,507 at the time of writing, up about 7.8% from its Aug. 21 opening price of $2,326. The token briefly reached a weekly high near $2,566 before settling into a narrow range around the psychological $2,500 level.Ethereum price daily chart — Aug. 27 | Source: crypto.news. US institutional demand then helped ETH retain those gains. Spot Ethereum exchange-traded funds recorded approximate
Ethereum price holds $2,500 as bulls target $3,000 next

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet