Ethereum (ETH) has been experiencing a strong price increase since the beginning of July, laying the groundwork for a positive recovery in the world's second-largest cryptocurrency.
ETH has just hit the $3,500 mark and is approaching important resistance levels such as $3,650 and $4,000. Analysts predict that if these levels are broken, ETH could aim for the previous peak and even higher.
MAIN CONTENT
Ethereum is approaching resistance levels of $3,800-$4,000 and has the potential to break through to $10,000 in 2025-2026.
The 'inverse cup and handle' technical pattern supports a strong bullish outlook with a long-term target of $15,000.
Favorable market conditions including increased global liquidity and decreased Bitcoin Dominance support a positive trend for ETH.
What was the highest peak Ethereum ever reached and is it currently trending towards that?
Financial market experts confirm that Ethereum reached a peak of $4,900 in November 2021. Current indicators show that ETH is approaching resistance levels of $3,650-$4,000, paving the way for a high chance of conquering the previous peak.
Many reputable financial analysts, such as Bloomberg Intelligence in a recent report, state: "If ETH maintains this upward momentum and breaks through key resistance levels, the possibility of returning to $5,000 or higher is entirely feasible."
What technical patterns are affecting Ethereum's price trend?
The 'inverse cup and handle' pattern is considered a positive growth signal by technical analyst John Bollinger. This is a pattern that has previously helped Bitcoin and gold break out strongly.
"This inverse pattern indicates that buying pressure will increase, potentially pushing ETH's price much further than current predictions."
John Bollinger, Technical Analyst, 2024
With this pattern, Ethereum's long-term price target for the 2025-2026 period could aim for $10,000, and some ambitious forecasts even suggest $15,000 in the coming years.
What resistance levels and market conditions affect Ethereum's price?
The resistance levels that ETH needs to overcome include: $3,800, $4,000, and the peak range of $4,900 - $5,000. If successful, the $10,000 level will be the next potential target.
Global liquidity is increasing, interest rates are expected to decrease, and slight declines in Bitcoin Dominance are viewed as positive supporting factors for Ethereum's growth. According to Dan Morehead, CEO of the cryptocurrency investment fund Pantera Capital: "The current macro environment is extremely favorable for major cryptocurrencies, with Ethereum being a strong candidate."
"Increased liquidity and lower interest rates create an ideal landscape for cryptocurrencies to break out."
Dan Morehead, CEO of Pantera Capital, 2024
What risks or corrections might Ethereum face on its upward journey?
Although the long-term trend is viewed positively, ETH may still encounter corrections or consolidation around resistance levels. This is a normal manifestation in the cryptocurrency market cycle.
Professional investors often maintain long-term HODL positions instead of panic selling during small volatility periods to capitalize on solid growth potential later.
Comparison table of important price levels and growth forecasts for Ethereum
Price Levels Meaning Forecast Timeframe $3,650 – $4,000 Important short-term resistance Mid 2024 $4,900 – $5,000 Historical peak November 2021 Late 2024 – Early 2025 $10,000 Major breakout target Late 2025 – Early 2026 $15,000 Long-term ambitious forecast By 2026
Frequently Asked Questions
What was the highest peak Ethereum ever reached?
Ethereum peaked in November 2021 at a price of around $4,900, the highest historical level to date.
Can Ethereum reach $10,000 in this cycle?
Reputable experts believe that the potential to break through to $10,000 in 2025 or early 2026 is entirely based on technical patterns and market conditions.
How does the 'inverse cup and handle' pattern affect ETH's price?
This pattern often signals a strong upward trend and has helped many assets like Bitcoin and gold break out successfully.
What market factors are supporting Ethereum's price increase?
Increased global liquidity, decreased interest rates, and a decline in Bitcoin Dominance all contribute to favorable conditions for Ethereum's growth.
Are there any risks to consider when investing in Ethereum right now?
Ethereum may correct or consolidate around resistance levels, but the long-term trend is still viewed positively. Risk management still needs to be prioritized.
Source: https://tintucbitcoin.com/ethereum-se-tang-gia-den-dau-2026/
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