Ethereum Approaches $4,700 Resistance: Is ETH a Top Crypto Buy This Week?

Ethereum price is testing a critical resistance level at $4,700 after experiencing slight gains, attracting significant attention from traders this week. While the ETH price currently sits at $4,464 – a 0.36% increase over the past 24 hours – its market cap stands at approximately $536 billion. Despite short-term fluctuations, Ethereum remains a foundational force in decentralized finance, non-fungible tokens (NFTs), and Web3 innovation. Its thousands of applications and growing institutional use further solidify its position as a long-term investment opportunity. 2025 projections consistently cite Ethereum among the best cryptocurrencies to buy. Emerging Ethereum-based altcoins like MAGACOIN FINANCE are also attracting attention for their potential, with analysts noting promising upside possibilities. 2025 is approaching fast and investors are increasingly looking beyond established leaders to newer contenders.