Ethereum Price Forms Flag And Pole Pattern For Possible Breakout, New Targets Emerge
Encrypted analyst Kartik revealed a technical model that has been Ethereum priceIt shows that possible breakthroughs may be coming. Analysts further revealed that ETH’s new goals appeared due to the bullish mode.
Ethereum price forms and rod -like patterns
exist TradingView postKartik revealed that the price of Ethereum has formed a flag and pole mode, indicating that ETH can be set to break through. Analysts pointed out This mode When Ethereum is currently at the level of $ 4,100, it has formed. In line with this, he revealed the goal to follow the formation of this model.
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Kartik said the next powerful support level was $ 2,800. He added that the price of Ethereum can see positive actions from any aspect breakthrough Trend lines or support of $ 2,800, or both can occur at the same time. Analysts also suggested that market participants wait for things to play before making any decisions.
Analyst’s attached chart shows that Ethereum’s price may be $ 2,800 at the level of support, rally to $ 3,600. The chart also shows that Ethereum can even assemble Up to $ 4,000Essence At the same time, ETH may face the resistance of $ 4,100 at a higher price. The rest of the $ 4,100 resistance may cause further rally to $ 4,400.
Encrypted analyst Cryptocurrency Titan It also provides the price of Ethereum prices, and pointed out that it is about to break through. This is that he pointed out that ETH is about to erupt from the falling wedge -shaped pattern. Encrypted analyst Mikybull Crypto also said that ETH breakthrough seemed very close, which may make its price reach $ 4,000.
With these fundamentals, ETH will reach $ 5,000
In the X post, the encrypted analyst TED predicts that the price of Ethereum will reach $ 5,000 by April this year. Analysts suggest that ETH’s basic knowledge is to prove why the second largest parabolic encryption is the reason for the market value. First of all, he mentioned a fact Donald Trump’s World Free Finance It is buying and storing ETH, which is a bullish for Ethereum.
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TED further mentioned the launch of Etherealize, which will help the on -board institutions. This may increase the inflow of ETH ETF, which is positive for Ethereum. Analysts also mentioned Pectra upgradeIt was March 2025. Together with these bullish fundamentals, he pointed out that his emotions are at the lowest level in history, and he claims that this is the best signal of reversal.
At the time of writing this article, the price of Ethereum price was about $ 3,130, a decrease of nearly 6 % in the past 24 hours. data From Coinmarketcap.
Charts from adobe stock, characteristic images, tradingView.com
