Ethereum price chart targets $4K as transaction fees hit 3-month high

Ether price eyes a 56% rally to $4,000 as it confirms a classic bullish pattern amid increasing network activity.

Key takeaways:

Ethereum is forming a bull flag on the daily chart, with a potential breakout to $4,000.

If Ethereum’s network activity and total value locked continue to grow, ETH price may see further gains.

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