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The recent price promotion has been seen in the last 24 hours Ethereum claws back above $ 2,500 after a withdrawal that saw its price fall to a low of $ 2,440. This is a remarkable correction of Ethereum’s trip to $ 2,770 in the last seven-day period frame, but according to crypto analyst Kledjdicuni it corresponds to one of the expected price scenarios.
Now, that of the analyst Outlook is from a reversal In a Bullish Golf. In his last update, Klejdicuni has set various upward goals that traders may want to keep in focus if Ethereum confirms an outbreak.
Accumulation and bullish setup to $ 2,800 breakout
Crypto analyst Klejdicuni, Post on the TradingView platform, believes that Ethereum is now about to initiate a much larger bullish trend. According to his analysis, the $ 2,440 region stopped as expected, and confirmed it as a strong accumulation zone.
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In the Daily Candlestick Price Chart he shared, Klejdicuni illustrated what he identifies as a bullish pattern. This pattern is a formation of higher lows and relatively stable resistance near the upper limit. This setup is similar to an increasing channel structure, suggesting that buyers are gradually take control over Ethereum’s price promotion.
Ethereum’s rebound up to $ 2,660 has formed a structure That could break above the current pattern, probably in the direction of $ 2,800. This is in line with the upper resistance limit of the bullish pattern, and as such it is the first direct target to look at an outbreak at higher price levels.
Price objectives for Ethereum
If Ethereum successfully breaks above the resistance level of $ 2,800, according to the analyst, the Bullish Momentum could indicate the start of the expected bullish trend. In this case, the first major target in this series is $ 3,300. Ethereum’s reaction here would be one to look at, because it coincides with a resistance level at the end of January 2025 that eventually broke the disadvantage at the beginning of February 2025. If Ethereum managed to erase this zone, this would confirm a persistent purchase interest.
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Ethereum Upward pressure above $ 3,300, the next goal is at $ 3,800. This level has a special technical significance, because it coincides with an order block at the beginning of January that caused the first rejection when it tried to push $ 4,000 again to the price level of $ 4,000. Breaking $ 3,800 to the upper part would be an indication that Bullish sentiment has again had a fixed sustainable fixed time on higher timetables.
Finally, if the Bullish Golf extends continuously, the analyst projects one Target in the longer term of $ 4,500. This level is just a short distance from Ethereum’s of all time of around $ 4,878, and achieving it would be an almost complete recovery of the long -term bear market. Reaching $ 4,500 would also place Ethereum on New price heights for this cycle.
At the time of writing, Ethereum acts at $ 2,521, after a withdrawn in the last 24 hours with 0.7%.
Featured image of Pixabay, graph of TradingView.com
Credit : www.newsbtc.com
