Ethereum Price Hits $3.2k As Predictions Build Before Cointelegraph’s ‘Consolidation’

The week-long uptrend in the crypto market has begun to wake up bullish crypto investors and the successful March 15 launch of “merge” on the Furnace testnet Is the community excited about the upcoming proof-of-stake (POS) move?

Data from Cointelegraph Markets Pro and TradingView shows that since its successful launch on Kiln, the price of Ether has increased by 25% from $2,500 to a daily high of $3,193 on March 25 as traders look to close their positions. them before merging.

ETH/USDT 1-day chart. Source: TradingView
ETH/USDT 1-day chart. Source: Twitter (NYSE:)