Ethereum Breaks Past Key Resistance: Glassnode Reveals Positive Signals for ETH Price

Glassnode analysis reveals encouraging signs that suggest Ethereum’s price could be poised for sustained growth. On-chain data points to a potential turning point, with investors already in profit and seeking further gains. The next crucial hurdle is the $2,900 Active Realized Price. If this level is successfully cleared, it would signal broad profitability amongst recent market participants, potentially fueling further momentum.