Ethereum maintains bullish momentum above $2,443 with a golden cross forming, signaling possible continuation toward the $4,000 level.
After breaking the wedge in May, Ethereum surged to $2,855 and now consolidates between $2,350 and $2,855 with strong support below.
Sustained structure above both EMAs and historical golden cross data support further upside as long as $ETH holds above $1,802.
Key breakout patterns and technical clues support Ethereum's ($ETH) bullish momentum as it enters Q3 2025, according to expert Lucky. After a protracted period of fall and consolidation, Ethereum has recovered its strength and altered course. The price of $ETH is currently $2,535, with a bullish structure above dynamic support zones.
From November 2024 to April 2025, Ethereum remained trapped in a downward channel. Prices dropped from over $2,800 to below $1,800. The falling wedge pattern during this phase confirmed bearish pressure. Ethereum found support at $1,385, forming a strong base.
Source: Lucky
In early May 2025, Ethereum broke above the wedge resistance. This confirmed a trend reversal and sparked bullish continuation. Prices surged from under $1,800 to $2,855 in just two weeks. Moreover, the breakout signaled a shift in sentiment. Since then, Ethereum has traded in a higher range between $2,350 and $2,855.
Golden Cross Setup Confirms Bullish Structure
On the daily chart according to analyst Ash Crypto, Ethereum’s 50-day EMA rising toward the 200-day EMA (white). This setup points to a golden cross. Historically, this pattern has triggered strong upside moves. In December 2024, a similar crossover led to a 35% rally in under a month.
Currently, the EMAs are converging near the $2,443 level. This region now acts as a dynamic support. Ethereum bounced from this level in early June and continues to hold above both EMAs. Consequently, this structure supports further gains.
Source: Ash Crypto
Additionally, price resistance lies around $2,900. A clean break above this level could trigger a surge toward $3,500 and beyond. The final projection for this bullish leg targets the $4,000–$4,200 range.
Momentum Holds as Support Remains Strong
Ethereum’s price behavior since May has reflected strength. No major breakdown has followed the recent trendline breakout. The consolidation between $2,350 and $2,855 suggests healthy accumulation. Besides, technical strength remains intact as long as $ETH stays above $1,802.
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