CandleFocus Ethereum Price Forms Flag And Pole Pattern For Possible Breakout, New Targets Emerge
2025-01-28
Author: Content Editor
Crypto analyst Kartik has identified a flag and pole pattern for the Ethereum price, suggesting a potential breakout. The analyst highlights the $2,800 support level as the next significant target for ETH, which could lead to a positive move if broken. Kartik advises waiting for confirmation before making any decisions. Another analyst, Titan of Crypto, also predicts a breakout for Ethereum, while Mikybull Crypto believes ETH could reach $4,000. Additionally, analyst Ted envisions ETH reaching $5,000 by April, citing bullish fundamentals such as institutional interest and upcoming upgrades. At present, the Ethereum price is at around $3,130, down 6% in the last 24 hours.
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