Ethereum price today: $3,420
- Ethereum’s Pectra upgrade is set to roll out in March 2025, a year after the Dencun upgrade went live.
- Pectra features new upgrades, which include improving the wallet experience, boosting security and increasing the maximum staking limit.
- Ethereum risks facing rejection near a key trendline resistance amid its developing inverted Head-and-Shoulders pattern.
Ethereum (ETH) traded above $3,400 on Friday following core developers’ decision to roll out the Pectra upgrade in March. Meanwhile, ETH is looking to overcome the resistance near a key descending trendline that extends from mid-December.
Ethereum to undergo Pectra upgrade in March
Ethereum developers have scheduled the upcoming Pectra upgrade to launch in March 2025 upon the successful upgrades in test networks or testnets.
At a call on Thursday, core developers agreed to ship the new upgrades on Ethereum’s Sepolia…
