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Crypto

Ethereum Price Surges Over 55% in Q3

Guavy AI Editorial Team
Instruments
ETH
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Ethereum's price has surged over 55% in Q3, nearing one of its best quarterly performances ever. The cryptocurrency recovered from its June low of around $1,600 to trade near $2,492.

The rally gained momentum in August, pushing ETH above key moving averages and breaking through resistance levels around $2,400.

While momentum has slowed with the RSI dropping from overbought levels, Ethereum remains supported above $2,350-$2,400, with potential to test $2,550-$2,650 and possibly reach $3,000 if it breaks higher.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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