Interesting information. The price of Ethereum (ETH) may rise significantly if the current dynamics of supply and demand continue, according to CryptoQuant analysts.
According to them, in 2024, activity on the Ethereum network has increased significantly. This activity has led to an increase in network fees. The fact that investors are interested in ethereum again is also evidenced by the significant influx of funds into American spot Ethereum ETFs, which has been going on for 13 consecutive days. Analysts have identified the range of realized Ethereum prices at which the cryptocurrency changes hands as a key indicator in their assessment. According to their forecast, the current upper limit of the realized price range is $5,200. This rate of Ethereum was recorded during the bull market in 2021. Analysts noted that as new buyers purchase ether at higher prices, this upper price range will continue to grow. 
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