Ethereum price gained 90% the last time this indicator turned bullish 📈
Ethereum is forming a bull flag on its daily chart with the potential for a significant breakout above $3,600. The current price consolidation between $2,400 and $2,750 hints at a larger move, targeting the $3,000-$3,100 resistance zone.
Historically, crossing above the mid-line of the 2-week Gaussian Channel has led to massive rallies, with ETH surging 93% to $4,000 in 2023.
However, traders express caution, noting the potential correction if Ethereum fails to break above the $2,800 mark, with crucial support zones at $2,150 and $1,900.
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Ethereum Reaches New Heights with Five-Wave Surge
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Examining if Ethereum can keep climbing to $2,680 and beyond
Will Ethereum Price Reach $4500, Despite Inactive Retail Interest?
Ethereum Price Forecast: Sell Signals Multiply, Hint Correction to $2,000
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Ethereum Eyes Remarkable Recovery
Which Levels Must Be Broken for a Major Bull Run in Ethereum (ETH)?
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ETH Breaks Above $1900: A Bullish Trend and the Path to $2900
Ethereum Poised for Potential Bullish Run Towards $3,000 Amid Rising Capital Influx and ETF Holdings
Ethereum May Approach $4,000 as Bullish Pattern and Growing Network Activity Suggest Possible Gains
Ethereum’s Surge to $2,700 Sparks Profit for Holders Amid Potential Sell-Side Risks at $2,800
Ethereum May Rally Above $3,600 If Price Indicator Trends Remain Positive
Ethereum Traders Eye Potential Rally to $3.5K-$6K Amid ETF Speculations and Market Dynamics
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