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Ethereum Price Prediction – Can ETH Reach $2,000 Soon?

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Ethereum price bounces off support at $1,074 with a 7.4% rally in mid-week trading. This fresh bullish wave is moving across the crypto market days after the FTX drainer who made away $600 million plunged crypto assets into another tailspin.The largest smart contracts token is exchanging hands at $1,167 during Wednesday's European session.

It has printed two green candlesticks and appears technically strong to close the gap to $2,000.Ethereum and Bitcoin are back in the green despite traders exercising caution due to the fear of the FTX contagion.

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