Ethereum Price Builds Tension Below Resistance, Breakout Risk Rising

Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern.  Ethereum Price Forms Flag And Pole Pattern In a TradingView post, Kartik revealed that the Ethereum price had formed a flag and pole pattern, indicating that ETH could be set for a breakout. The analyst noted that this pattern has formed while Ethereum is currently on a downtrend from the $4,100 resistance level. In line with this, he revealed....

According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bull cycle. Ethereum Price Headed To $12,000? Prominent crypto analyst Captain Faibik has issued a stark warning to investors, urging them to buy Ethereum at a particular price low or risk entering the market late and regretting it. With Ethereum’s current price action signaling a potential....

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 consolidating gains near the $3,580 resistance zone against the US Dollar. ETH price could start a fresh rally if it clears the $600 level. Ethereum remained in a positive zone above the $3,500 and $3,550 resistance levels. The price is now trading above $3,520 and the 100 hourly simple moving average. There is a key breakout pattern forming with resistance near $3,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $580 and $600 levels in the near term. Ethereum Price is Eyeing More Gains Ethereum was able to settle....

Ethereum’s price action is at a decisive point after breaking out of a rising wedge pattern. While the move initially fueled optimism for higher targets, the retest of a critical support zone will determine whether this breakout holds or fades into a false alarm. With the $3,900–$4,100 range now acting as the line in the sand, Ethereum faces one of its most important tests yet. ETH Breaks Rising Wedge: Key Retest In Play According to a recent post by crypto analyst The Boss on X, Ethereum’s weekly chart was previously showing a rising wedge formation. This technical pattern is often viewed....