Ethereum (ETH ($3,225.56)) continued to trade strongly on Thursday, sustaining its bullish momentum after it broke past minor resistance at $3,480 earlier this week. The cryptocurrency has seen a 36% gain over the past month, pushing its market capitalization to approximately $435 billion.

Notably, amid this rally, analysts are forecasting even greater price heights, with growing optimism about the cryptocurrency’s potential as the year comes to an end.

CryptoQuant analyst “Crypto SunMoon” identified ...