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>>Ethereum may climb to roughly $3,110 as a $5.5 billion staking queue bolsters a breakout scenario.

Ethereum may climb to roughly $3,110 as a $5.5 billion staking queue bolsters a breakout scenario.

crypthub

about 16 hours ago

Ethereum Price Overview

Ethereum trades around $3,110, up 0.5% in 24 hours, with daily volume near $6.5 bn. It remains the second‑largest crypto, market cap about $375 bn. Since late December the asset has formed higher lows above a rising trendline, indicating accumulation rather than exhaustion.

Staking Queue and Supply Tightening

The Beacon Chain staking entry queue has risen to 1.759 million ETH (~$5.5 bn), the highest since August 2023, creating a wait of over 30 days for new validators. The exit queue is at zero, so no significant withdrawals are occurring. This imbalance reduces liquid supply just as price nears resistance.

Technical Outlook and Breakout Potential

Price is compressed between an ascending trendline and flattening 50‑EMA/100‑EMA near $3,110, a setup that often precedes volatility. RSI sits above 55 and repeated lower‑wick candles near $3,050‑$3,070 show early buyer support. A closed break above $3,180 could trigger moves toward $3,250 and later the $3,300‑$3,420 zone.

Maxi Doge Presale Momentum

The meme token MAXI has raised over $4.43 million, driven by community competitions and a staking reward system. Priced at $0.0002775, it is approaching its next presale price increase. Ongoing engagement aims to sustain interest beyond short‑term hype.

Ethereum may climb to roughly $3,110 as a $5.5 billion staking queue bolsters a breakout scenario.

Ethereum Price Overview

Staking Queue and Supply Tightening

Technical Outlook and Breakout Potential

Maxi Doge Presale Momentum

Ethereum may climb to roughly $3,110 as a $5.5 billion staking queue bolsters a breakout scenario.