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Ethereum Bullish Wave Towards ATH Coming? Here Are The Targets

  • Ethereum has climbed back above $2,500 after a dip to $2,440 in the last 24 hours, following a pullback from a recent high of $2,770 over the past week.
  • Crypto analyst KlejdiCuni anticipates a bullish trend reversal, highlighting $2,440 as a strong accumulation zone, signaling a potential breakout is on the horizon.
  • KlejdiCuni identified a bullish pattern in Ethereum's price chart, resembling an ascending channel structure, indicating buyer control in Ethereum's price action.
  • Ethereum's rebound to $2,660 suggests a breakout towards $2,800, the immediate target aligned with the upper resistance boundary of the bullish pattern.
  • If Ethereum breaks $2,800, it could start a bullish trend with $3,300 as the first major target, followed by $3,800, and a longer-term target of $4,500 near the all-time high.
  • At the time of writing, Ethereum is priced at $2,521, showing a 0.7% retracement in the last 24 hours.

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