Ether's Potential Move Toward $3,000 in May

According to NS3.AI, technical and on-chain analysis suggests that Ether may approach the $3,000 mark in May. The analysis highlights key resistance levels between $2,350 and $2,400, alongside support zones ranging from $1,980 to $2,178. Glassnode data indicates that 7.4 million ETH was acquired within these support levels. Additionally, CryptoQuant reports a positive spot taker CVD, with taker buy volume exceeding $1 billion, contributing to the bullish outlook.