Ethereum Turns Bullish After Multi-Year Breakout — $7,000 May Be Imminent
Ethereum has finally broken free from a multi-year-long consolidation phase, reigniting bullish sentiment across the crypto market. After spending over three years struggling to hold above the $4,000 level, ETH has now confirmed a decisive breakout, a move seen as the start of its next major rally. With momentum building and technical indicators aligning, analysts suggest that a run toward the $7,000 region could be closer than ever Ethereum Breaks Free After 1,146 Days Of Consolidation Mags, a popular crypto analyst on X, recently shared a bullish update, noting that ETH could be on track....
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Ethereum is holding strong above the $2,500 mark after a sharp rally in recent weeks, signaling renewed bullish momentum across the market. The second-largest cryptocurrency by market cap is now consolidating just below key resistance levels, with traders and analysts closely watching price action for confirmation of the next move. Bulls appear to be in control, with Ethereum reclaiming critical levels that were previously broken during months of sustained selling pressure. Related Reading: Solana Sees Renewed Demand As Capital Flows Turn Positive – Details Market sentiment is shifting....
Ethereum has dropped dramatically since the August highs of $490. The coin now trades for $370, around 25% below those highs. While Ethereum is still far below the highs, the coin is printing positive medium-term to long-term signs. One top cryptocurrency trader shared that the asset is breaking above a multi-week triangle/pennant pattern. This breakout suggests there will be a continuation to the upside in the weeks ahead. His bullish sentiment has been echoed by […]
The Ethereum price is showing strong signs of a potential breakout, as an analyst predicts a surge to $3,300 in just one week. This forecast shows Ethereum’s projected successful breach of a key resistance level, indicating an imminent price recovery to new highs. Analyst Projects Ethereum Price Recovery To $3,300 Ted Pillows, a crypto analyst on X (formerly Twitter), has shared a super bullish projection for the Ethereum price despite its recent downturn. The analyst projects that ETH can reach $3,300 in just one week, highlighting key technical patterns and changes in price action to....
Ethereum Price Key Highlights. Ethereum price is still slowly climbing, transitioning into a rising wedge formation from an earlier ascending channel. Price bounced off the mid-channel area of interest as predicted in an earlier article, reflecting increased bullish pressure. With the consolidation getting tighter and ethereum price approaching the peak of the wedge, a breakout in either direction is imminent. Waiting for Bitcoin Breakout? Bitcoin is also stuck in a consolidation pattern, as traders are probably on the lookout for more catalysts. This has kept ethereum price in....
Ethereum is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the second-largest crypto by market cap, predicting that its price could soon go parabolic after an extended consolidation period. Ethereum Primed To Break Out As Price Goes Parabolic In an X post, crypto analyst Mister Crypto noted that Ethereum has been consolidating for four years and that the longer the consolidation, the bigger the pump. He added that he is extremely bullish, indicating that a breakout was imminent. His....