Main Takeways:-
- Ethereum pricing prediction: ETH shows a morning star pattern in the monthly table.
- If Ethereum breaks above the level of $ 2,700, it could increase to $ 4,000 due to a pattern called ascending triangle.
- The monthly stochastic RSI shows a positive signal, which supports a great change in an ascending trend.
Ethereum Eyes $ 4K As the ascending triangle pattern takes shape
Analysts say that Ethereum’s price is making a pattern called ascending triangle in the daily table. This means that the price continues to reach a flat resistance of around $ 2,700, but the minimums are becoming higher, which shows that buyers are becoming stronger.
People generally see this Ethereum pricing pattern as a positive sign, especially when the price is close to the level of resistance increasingly.
The cryptoelites, an expert in the market, predicts that Ethereum could reach $ 4,000 using a method called measured movement. This method adds the size of the triangle pattern to the point where the price explodes to guess the following objective. The analyst’s table shows a similar past breakup, which makes the prediction more credible.
If Ethereum’s price exceeds $ 2,700 with many purchases, a new upward trend could begin. Close well above this level is important to confirm that the price will continue to rise. This movement is also helped by a pattern in which the price has moved strongly, which generally occurs before prices begin to change more quickly.
Ethereum shows the pattern of the morning star, indicating price change
The analyst Cryptobullet found a morning star pattern in the monthly table of Ethereum. This pattern, made of three candles, a large red, one small and a large green one, closing higher, generally shows that the price can change direction and start up.
The price of Ethereum made a morning star pattern around $ 1,800, which was a strong level of support before. In the monthly table, this pattern shows that the market is probably changing to start a new upward trend.
The picture shows that the price of Ethereum is having trouble spending $ 2,500. If you can close above this level in the monthly table, you would confirm that the price is appearing and could continue to increase. Cryptobullet says that the next objective is $ 3,300, based on past price patterns.
A strong ascending impulse of stochastic RSI is indicated
Another sign that Ethereum’s price could rise is the stochastic RSI in the monthly table. The Mister Crypto analyst says that the blue line has crossed over the orange line in the overall area. This generally means that the price impulse is changing and buyers are strengthening.
In the past, these crossovers in bigger deadlines often occurred before prices rose. At this time, this crossover coincides with the morning star pattern and the areas where Ethereum has been gathering support in the table.
Mr. Crypto says that Ethereum has gone through similar times before, where the purchase accumulated first, and then the price rose a lot.
The second purchase zone in the table resembles what happened after the maximum of 2021. Since the price is now stable above recent minimums and the impulse is being strengthened, this suggests that Ethereum could be beginning to recover. Merchants who look at the monthly lists can see this as a sign that the trend is changing.
Monitoring of key levels that move to the third quarter 2025
In the monthly table, the operators are observing two main resistance levels: $ 2,500 and $ 2,700 in the daily table. If Ethereum can break above these levels and confirm it, more buyers could join and the price could rise quickly.
In past Ethereum price cycles, these levels have been difficult to pass and are important points to observe what happens next.
While Ethereum continues to make higher minimums and move beyond resistance, reaching price objectives around $ 3,300 and $ 4,000 is still possible according to the technical analysis.
The data show that Ethereum is quoted above the resistance level of $ 2,500, although it fell slightly 0.16% in the last 24 hours. This little fall did not break the important support, so Ethereum’s price still remains in a positive and ascending trend.
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Discharge of responsibility: In Bitcoinik.com we present the most recent information in the encryption market. However, this information should not be considered as financial advice and viewers must consult their financial advisors before investing.
