$ETH

Is ETH Gearing Up for a Breakout as Trend Strength Builds?

Ethereum’s Directional Movement Index (DMI) reveals a notable surge in trend strength, with the Average Directional Index (ADX) rising to 24.77 from 11.58 just a day ago.

The ADX measures trend strength regardless of direction, with values below 20 typically indicating a weak or non-trending market, and values above 25 pointing to a strong trend.

Ethereum is now approaching that key threshold, suggesting that momentum is building and a clearer directional move may be developing. Analysts recently highlighted four reasons why Ethereum may be on the verge of a breakout.