Ethereum (ETH) has surpassed the $3,800 mark for the first time since July, after reclaiming and shooting past its monthly open. While Bitcoin (BTC) has seen a period of sideways price action, ETH has experienced significant volatility. This breach of a critical level of resistance is expected to contribute to the ongoing altcoin rally and boost momentum. Technical analysts have suggested price targets for ETH at $4,011, $5,800, $7,322, and even $7,871. Additionally, there are indications of a bullish flag chart pattern and a long-term cup and handle pattern, with price targets set at $3,700 and $6,675 respectively.



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