The crypto market is doing its best to recover after the bear market that has hit the entire industry last summer. Since Ethereum reached $166 in February 21, its price dropped and stabilized around $122 for the past month. However, today has started good for Ethereum, as it has climbed all the way to $161, rolling back to $156 and trying to consolidate its place there.
The price of Ethereum is expected to continue to rise in the next quarter, especially due to the increase of volume and interest in the mass crypto adoption. The next step for Ethereum is to consolidate its rate on the corridor between $150 and $155 in order to rise back to $160 and above.