Ethereum: Bullish Targets of $10K to $15K
2024-11-10

ETHUSDT Technical Anlaqysi update

Ethereum has been consolidating within a symmetrical triangle for approximately 1,500 days. This long-term pattern has seen the price consistently oscillate between support and resistance levels, gradually narrowing. Currently, ETH is rebounding off the triangle's support trendline and appears to be approaching the resistance level, suggesting the possibility of a breakout.

If  CRYPTOCAP:ETH  manages to break above this resistance, a strong bullish move could ensue, with potential targets around the $10,000 to $15,000 range. The breakout from this multi-year triangle formation could signify a significant upward trend for $Ethereum.

 BINANCE:ETHUSDT   BITSTAMP:ETHUSD   BINANCE:ETHUSDT.P