Ethereum ($ETH) is in recovery mode after staying below $3,420 for most of the week. Traders are eyeing the key $3,500 resistance level, with hopes that Ethereum might push through.
Interest in Ethereum seems to be growing thanks to a noticeable 16.29% spike in the 24-hour trading volume of tokens within the Ethereum ecosystem.
Despite this optimism, the December high of $4,077 is still a distant goal for Ethereum.