After dropping to $ 4,000 over the weekend, the price of Ether is again close to its all-time high of $ 4,860, which was set on November 10th. ETH is up 8% in the last 24 hours to $ 4,768.41 at the time of writing.

A reputable analyst at currency.com previously stated that if ETH rises above $ 4,557.1, it would trigger momentum and push the coin price to retest the high. In this case, the likelihood of a resumption of the bullish trend and growth up to $ 6,000 significantly increases.