Ether is up in double digits this week and appears to be just heating up. Buyers are coming in strong, and they have already taken the price above $2,700 at the time of this post. This rally is being driven by Bitcoin’s in the past three days. The recent bullish cross on the 3-day MACD confirms that ETH buyers may only be starting to show their strength. ETH’s biggest target is $3,000 if this rally continues.
Source: Duo Nine, 2024-02-15; https://cryptopotato.com/why-is-the-ethereum-eth-price-up-today/