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According to Crypto analyst Titan van Crypto, Ethereum (ETH) can be about to “large movement” this year, because it still continues to form higher lows on the weekly graph. However, breaking the persistent resistance level of $ 4,000 remains an important obstacle for the cryptocurrency before it makes new highlights.
Ethereum on the edge of a huge rally?
Although frustration may get better from ETH holders because of the present price performance of the digital assets in the past two years, there may still be a chance to witness a complete change in the ETH praise process.
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In one after On X, Titan of Crypto shared the following ETH-Weekly graph, which illustrated how digital active acts have formed consistently higher lows since 2022. If ETH maintains this trend, it could quickly break the crucial level of $ 4,000 and possibly have set new all time and have set new all time potential. (ATH) Later this year.
The analyst also applied Fibonacci extensions to estimate potential price objectives, with the most optimistic projections that reached $ 13,000 in 2026. Crypto trader Ted shared A similar view of the ETH price action.
According to Ted, ETH can reclaim the $ 4,000, it could quickly surpass his previous ATH. He further predicted that ETH could rise to $ 9,000 within 3 to 4 months. Moreover, he noted that the recent ETH purchases of US President Donald Trump can offer a further upward momentum for digital active.
Indeed, Trump’s Decentralized Finance (Defi) project called World Liberty Financial (WLF) has been an ETHKoopspree. In December 2024, WLF bought 722 ETH, worth $ 2.5 million at the prevailing market price.
Technical analysis Trader Alex Clay also sees the current Down Trend of ETH as a potential buying. Clay emphasized that ETH has not only completed its falling wig pattern, but also successfully defended the support level of $ 3,000. He added:
Time to turn the trend in the short term! To steer $ ETH Up to $ 4,000, $ 4,500, $ 5,000.
ETH: A crowded trade?
While the above analyzes can offer heap For ETH traders, the seasoned crypto analyst Ali Martinez warns that the bullish main and shoulder pattern on the daily map of ETH could become a crowded trade. He added:
If the pattern applies, each dip up to $ 2,900 can be a buying option, but keep your stop loss tight between $ 2,700 and $ 2,500.
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That said, recently, crypto analyst Mr. Crypto noted That Ethereum “probably Bottom has been awarded” and can be about to be an outbreak to the advantage. At the time of the press, ETH acts at $ 3,095, a decrease of 2.2% in the last 24 hours.
Featured image of Unsplash, graphs from X and TradingView.com
