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Where Is $ETH Headed? Analysts Weigh In

Ethereum’s impressive performance of late has attracted attention from several crypto analysts, who are now speculating the digital asset’s future price trajectory. According to crypto analyst Ted Pillows, ETH’s 12-hour chart recently confirmed a Golden Cross, a bullish signal that typically precedes major price rallies.

​​In another analysis, Pillows forecasted that $ETH could be eyeing a move to $4,000, noting that the asset has traded within a massive symmetrical triangle since Q3 2020. The $4,000 level lies just below the triangle’s upper boundary.

In contrast, crypto analyst Gianni Pichichero warned of a potential retracement to $2,350, citing the emergence of lower lows on Ethereum’s daily chart as a bearish signal. At press time, ETH trades at $2,500, up 3.6% in the past 24 hours.