🚀 Ethereum Breaks Out – $10,842 Target in Sight! 🔥
($ETH) has officially broken out of the $3,700 resistance zone with strong momentum, flipping previous highs into support. This breakout signals a potential mega rally, with analysts setting their sights on a target of $10,842, representing a 278% gain from current levels.
📊 Size Chart Analysis:
Support Zone: $3,700 – $3,850
Next Resistance: $4,200 (short-term), $5,000 (mid-term)
Volume Spike: 37% increase in 24h
RSI: 68 – trending toward overbought, but still room to grow
MACD: Bullish crossover just confirmed
🧠 The breakout is backed by whale accumulation, rising ETH 2.0 staking, and institutional demand through ETFs. Layer 2 ecosystems like Arbitrum and Base are also fueling the ETH economy.
If ETH holds above $4,000 this week, expect the market to enter price discovery mode, leading to parabolic growth into Q4.
💬 Are you riding this Ethereum wave? Share your targets 👇
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📌 Hashtags:
#Ethereum #ETH #CryptoBreakout #AltcoinSeason #ETH10K #BinanceTrending #CryptoAnalysis #ETHBullRun
