Ethereum Tops Bitcoin in Trading Volume — Could ETH Break $3K in Q3?

Ethereum has officially overtaken Bitcoin in trading volume, a development that’s reigniting bullish sentiment around the world’s second-largest cryptocurrency. As ETH steadily climbs toward the $3,000 mark, momentum is building around its potential to outpace broader market trends in Q3. With positive technical signals and renewed investor interest, Ethereum’s recent gains may be just the beginning. This article explores the forces driving ETH’s rise—and what this shift could mean for the rest of the crypto market. Ethereum Eyes Higher Ground After Recent Gains Source: tradingview Ethereum is climbing steadily, trading between $2420 and $2679. It’s seen a weekly rise of nearly 9 percent and a monthly increase of over 4 percent. Investors are eyeing the next resistance point at roughly $2787. If Ethereum surges past this, it could aim for around $3047, marking an almost 18 percent leap from current levels. The 10-day and 100-day averages suggest positive momentum, despite a six-month decline of about 19 percent. Indicators like the RSI and Stochastic show that Ethereum has room to grow without being overbought. As the market watches closely, Ethereum seems poised for potential growth beyond its recent consolidation phase. Conclusion Ethereum’s growing dominance in trading volume, combined with improving technicals and a clear path to $3,000, suggests it could lead the market in Q3. While resistance remains near $2,787, a strong push beyond that level may open the door to a breakout. As sentiment strengthens and indicators stay bullish, ETH’s next move could be a defining one for both its trajectory and the broader altcoin market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo