<ul data-eligibleForWebStory="true"><li>Ethereum's price surpassed $2,800 for the first time since February 2025, reaching $2,870 in the latest 24-hour trading session.</li><li>Rising bullish momentum from Bitcoin is contributing to Ethereum's positive movement.</li><li>A crypto expert, Gert van Lagen, identified an inverse Head and Shoulders pattern on Ethereum's two-week candlestick chart.</li><li>The pattern consists of a left shoulder in mid-2021, a head during the bear market in early 2023, and a right shoulder forming in 2025.</li><li>The neckline of the pattern near $4,200 is a crucial level to break above for a bullish confirmation.</li><li>Van Lagen's analysis suggests Ethereum could reach $19,500, indicating a potential 600% gain based on technical calculations.</li><li>The projection is not tied to specific fundamental changes in Ethereum, and the timeline for this target remains unclear.</li><li>Another pattern, a descending broadening wedge, further supports the expectation of a significant breakout once $4,200 is surpassed.</li><li>The price of Ethereum, at the time of writing, is $2,772, slightly down from its recent peak.</li></ul>

Crypto Expert Puts Ethereum Price At $19,500 With Head And Shoulders Emergence

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