<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDMvNTY4MzY4ZjctMGYzNi00NjFhLTkwMTItYmNmZGQ5MzY2YWQyLmpwZw==.jpg"></p><p>On-chain data and several crypto analysts suggest that Ethereum price could target the $5,400 level at some point in 2024.</p>