\n
<\/p>\n
Ethereum (ETH) is retesting a resistance line it has only reached twice before, in 2021 and again around 2025, and trader Crypto Patel says that makes this the “biggest breakout setup yet” for the cryptocurrency.<\/p>\n
In a chart posted Friday, Patel mapped a path toward $5,000, then $10,000, then $15,000 if the line breaks, even as ETH was trading near $2,500, still less than half its all-time high.<\/p>\n
“$ETH is retesting a multi-year resistance zone for the 3rd time after holding its long-term accumulation support,” stated<\/a> Patel as he shared a chart that traced a descending trendline from 2018 to 2021,\u00a0marked by three lower highs before ETH broke out into that year’s rally.<\/p>\n The same horizontal resistance capped the price at the 2021 peak and again near 2025, and the current test is drawn as the third touch of that line.<\/p>\n Below it, a wide band the analyst called the “Best Accumulation Zone” has caught every major pullback since, with a rising trendline running through it that ETH is still sitting just above, around $2,460 on the chart’s own reading.<\/p>\n The target ladder is more granular than the $5K, $10K, $15K shorthand in Patel’s caption suggests. The chart itself marks $3,270 and $4,892 as the first two levels, with $5,500 also flagged, before the path opens toward $10,000 and then $15,000.<\/p>\n At the time of writing, spot ETH had changed little in 24 hours, but it was down about 1% on the week and roughly 44% below where it had been trading a year ago. However, over one month, it showed gains of 31%, although even that jump kept the asset 50% below its August 2025 all-time high.<\/p>\n Trading volume jumped close to 28% in the past 24 hours to near $16.3 billion, a sign of fresh activity around the level Patel is watching.<\/p>\n Analyst NoName, posting on Thursday, offered<\/a> a different perspective, noting that ETH had just finished a Wave 3 impulsive move and writing that “the next phase of the structure should be a Wave 4 correction.”<\/p>\n They pointed to $2,324 as the first support to watch, with a bounce toward $2,784 to $2,966 possible if buyers defend it, or a drop to the $2,112 to $2,222 zone if it fails. Only a daily close under $2,050 would scrap the setup entirely.<\/p>\n Several other market watchers have also been keeping an eye on the $2,500 to $2,550 area, with some expecting<\/a> a move toward $3,000 after a strong weekly close above resistance and others anticipating a retreat toward $2,000 first.<\/p>\n The post Analyst Flags Ethereum Breakout Setup With $15K Target<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\nExperts Split Between Breakout and Pullback<\/h2>\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Ethereum (ETH) is retesting a resistance line it has only reached twice before, in 2021 and again around…\n","protected":false},"author":2,"featured_media":6435,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-47051","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47051"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/47051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/6435"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}