Ethereum is experiencing renewed buying interest as the U.S. dollar weakens, with its price consolidating around $2,955. Key resistance levels are identified at $3,200 and $3,550. Analysts suggest that potential Federal Reserve rate cuts and the depreciation of the dollar could act as catalysts for a significant rally in 2026. Global investors are increasingly turning to cryptocurrencies, particularly focusing on Ethereum's DeFi and staking sectors, as attractive investment opportunities.
Weaker U.S. Dollar Could Propel Ethereum Rally in 2026
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