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Ethereum Breaks Out Targeting 7800

Ethereum Breakout Targets New Highs

  • Ethereum broke out from a months-long Ascending Triangle pattern.
  • The breakout suggests a potential price target of $7,800.
  • Resistance was previously established at $4,000 since late 2024.
  • A predicted surge of 333% is based on the pattern’s height.
  • Support levels are identified at $4,000 and $3,000.

Ethereum’s recent breakout from an Ascending Triangle indicates a bullish trend with a possible target of $7,800. Key support levels are noted at $4,000 and $3,000 to mitigate potential declines.

Source (2.6)https://www.newsbtc.com/news/ethereum/ethereum-breakout-to-7800/?rand=52377
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