Three reasons why $3K ETH price target is back for May

Despite Ether’s 8% deviation from 10-week highs above $2,460, data suggests that ETH’s price could still rise toward $3,000 as a new month begins.

Ether (ETH) has rebounded more than 25% from its February low below $1,800, and a mix of technical and onchain signals suggests the recovery may still have more room to run in May.

Key takeaways:

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