Ethereum's price increased by 3.6% on Saturday, reaching $2,220, demonstrating a recovery that has been quicker than Bitcoin's. This progression is driven by bull traders who are taking advantage of Ethereum's previously oversold status following last week's market upheaval.
The speculation around Ethereum suggests that, based on the falling wedge pattern and Coinglass data, it may reach a price of $3,793 by March 2025. These insights highlight the potential for Ethereum to make significant gains in the upcoming years.