ETHEREUM (ETH) shows signs of a possible recovery because market analysts expect a range of price between $ 4,000 and $ 8,000 in the coming months. The artistic patterns and data on the series and institutional interests enhance this view, indicating that the symbol may prepare for a strong upward step.
Ethereum (ETH) carries the highest main support, as analysts predict collapse
Ethereum maintained a long -term upward trend despite recent market fluctuations. According to Crypto General, Coded He respected this trend line without any intentions to break it any time soon, indicating that the original is still in a bullish structure.
However, the code price has been unified, but analysts believe that he can soon try to break the main resistance levels. Meanwhile, the plan shared by the TED market analyst that ETH has recently separated from a similar triangular style, which historically indicates the beginning of the upward trend.
$ ETH It seems that the worst is over.
The big network upcoming will come next month, along with the approval of Staling For Ethereum EtFS features.
We are just a single God candle away from 4 thousand dollars pic.twitter.com/skcssrxyqh
– TED (ettedpillows) February 14, 2025
The analyst also pointed out that the main network upgrades and potential approval of the Staking features of ETHEREUM federations can serve as stimuli for price growth. As a result, Ted stated that Ethereum is just a “one -god candle far away” from reaching 4 thousand dollars.
The main resistance levels that can push the eth up
The ETH code is currently trading over $ 2600, and analysts have set the main resistance areas that can determine their next step. For example, the chart by Crypto General represents $ 4,104, $ 4,110, 4,817 dollars, and $ 6,082 as decisive price levels. If Ethereum exceeds these resistance areas, the price may be accelerated towards the higher range from $ 6000 to $ 8,000.
The outbreak of the coded currency from the long -term monotheism phase enhances the argument to make an upward step. Analysts emphasize that the market structure is still optimistic as long as the ETH respects the trend line and carries the main support levels.
Data on the series appear increasingly accumulated by adult holders
Historical ethereum Focus data He explains that whales and retailers have increased their holdings. As of February, Whales controls 43.61 % of the ETH, while retailers keep 45.8 %. Over the course of last month, whale possesses increased by 1.88 %, while retail investors added 0.54 % to their holdings.
The global scale inside/outside the money scale indicates that 74.64 % of ETH Currency holders earn current prices. The largest accumulation area ranges between $ 2257 and $ 2578, indicating that this range is a strong support area.
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