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According to the Crypto Titan of Crypto analyst, ETHEREUM (ETH) can be about to “the main move up” this year as it continues to form its lowest levels on the weekly graph. However, the penetration of the continuous resistance level of $ 4000 still represents a major obstacle to the encrypted currency, before continuing to create new levels.
Ethereum on the edge of a huge march?
Although frustration may be better than ETH holders due to the performance of digital assets less than the prices over the past two years, there may still be an opportunity to see a full shift in the ETH price track.
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in mail On X, Titan of Crypto shared the next weekly ETH, explaining how digital assets are constantly formed their lowest levels since 2022. (ATH) later this year.
The analyst also applied Fibonacci accessories to estimate the potential goals of prices, as the most optimistic projections amounted to $ 13,000 in 2026. subscriber A similar look at the ETH price.
According to TED, as soon as ETH restores $ 4000, it can soon exceed the previous ATH. He also expected that ETH could rise to $ 9,000 within 3 to 4 months. In addition, he pointed out that the latest US President Donald Trump’s ETH purchases could provide more bullish momentum of digital assets.
In fact, the Defi’s decentralized financing project called World Liberty Financial (WLF) was in the area of ETH. In December 2024, WLF Purchase 722 ETH, worth $ 2.5 million at the prevailing market price.
The Alex Clay Technical Analysis Dear also sees the current lower direction of ETH as a possible purchase opportunity. Clay highlighted that ETH not only completed the falling spoiler, but also defended the support level of $ 3,000. He added:
It’s time to reflect the short -term trend! Send $ ETH To 4000 dollars, $ 4,500, $ 5,000.
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Eth: crowded trade?
While the above analyzes have been presented Hop For ETH merchants, an experienced encryption analyst on Martinez warns that the head and shoulder style ascending to the ETH daily chart can turn into overcrowded. He added:
If this pattern continues, any decline to $ 2900 may be a chance of purchase, but keeping the narrow stop loss between $ 2700 and $ 2,500.
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However, the encryption analyst Mister Chefiro recently Note Ethereum “is likely to be a bottom” and can be about to collapse to the upward trend. At the time of the press, ETH is trading at $ 3,095, a decrease of 2.2 % in the past 24 hours.
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A distinctive image of Unsplash, X and TradingView.com plans