Crypto Bullet, a Crypto analyst, is Ethereum technology patternsreflects the price action for 2019/2020. Based on the similarities, analysts gave a breakdown of what to expect from ETH over the next few months.
Ethereum shows a downward spreading pattern
in xPostCrypto Bullet said Ethereum has shown an impressive recovery and is now similar. Descending wedge pattern. He further pointed out that this pattern is roughly the same as the one ETH had between 2019 and 2020. The analyst added that the photo now looks very bullish. Between 2019 and 2020, when this pattern emerged, Altcoin was promoted from around $180 to $700 in just six months.
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Crypto Bullet has further commented on the current Ethereum price action, revealing that Altcoin is testing its third resistance at $3,700. He believes that ETH will eventually break out From this range. However, analysts warned that there could be 10-15% pullbacks in the area before that.
Meanwhile, Crypto Bullet ensured that Ethereum would rally violently once he escaped from this horrifying resistance. He predicts that the breakout will lead to ETH’s new all-time high (ATH). This means Altcoin could reach $4,900 on the next uptrend. The analyst also Cycles the top target of ETH It ranges from $8,000 to $10,000.
Crypto analyst Mikybull Crypto believes Ethereum can reach $10,000 before this market cycle ends. in xPosthe said that when ETH beats the new all-time high (ATH), the stage of happiness begins. He showed that a break above the ATH causes gatherings between $7,000 and $10,000. When that happens, analysts believe a massive bear market will continue.
ETH is not in the banana zone yet
in xPostCrypto analyst Ted said Ethereum is not yet in the banana zone. He now pointed out that Altcoin is making an amendment after subtracting a 70% rally from its April 2025 low. Analysts also pointed out that there was a horizontal buildup earlier ETH is over $4,100.
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But when that happens, he predicts that Ethereum will record “the most violent gatherings.” His accompanying chart showed it ETH may gather To a new ass for about $7,000 on the first leg. Based on the charts, Ted believes Altcoin could reach $14,000, $41,000 and $92,000 at some point.
At the time of writing, Ethereum prices are trading at around $3,563, down more than 4% in the last 24 hours. data From CoinMarketCap.
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