While Ethereum (ETH) continues to exchange in the range of $ 2,000, signs emerge that the second largest cryptocurrency by market capitalization could prepare for its next step. The digital asset seems ready to get out of a Taurus flag training, with $ 3,300 as a potential target.
Ethereum looks ready for an escape
According to a recent post of cryptocurrency quicktake by the contributor Ibrahimcosar, the ETH daily graph indicates an escape from a form of a bull flag. The analyst shared the following table to illustrate the next possible Eth movement.
For the uninitiated, a scheme of Taurus flag is a bull’s line model which is formed after an upward price movement – the flag mast – followed by a consolidation period in parallel lines – the flag. He generally points out that assets can burst upwards and continue its trendy trend.
In particular, ETH consolidated between $ 2,400 and $ 2,700 in the last 17 days. This consolidation – combined with an anterior upper momentum – formed a model of classic bull flag on the daily graphic.
In addition, the ETH remained above the 200-day exponential mobile average (EMA) during this same period. The analyst underlined the upward implications of this technical signal, declaring:
Staying above the 200-day EMA is a bullish signal, and it is very likely that during the next strong movement, we could see ETH in the range of $ 3,000 to $ 3,500. This is the kind of clear bullish signal that we have seen before the big rallies in the past.
In addition, Ibrahimcosar noted that Ethereum movement is often a bell in the Altcoin market. Historically, when ethn rallies, other altcoins tend to follow suit. An escape in ETH could thus trigger wider gains in the cryptography market.
Meanwhile, the Crypto analyst noted that Titan of Crypto shared the next weekly graphic illustrating potential Eth Eths’ prices if he supports his current bullish trajectory. The graph shows and strikes up to $ 8,500 by the beginning of 2026.
What are the expected ETH whales?
In an article separated on X, crypto analyst Ali Martinez observed that Ethereum whales – portfolios holding 10,000 to 100,000 ETH – accumulated more than a million ETH last month.
Likewise, the Director of Web 3 Growth, case Abbe, recently noted that ETH begins to show signs of life. The executive foreseen This ETH can reach $ 4,000 per third quarter of 2025.
That said, obstacles remain. Blockchain Analytics FirM Glassnode declared that once the ETH reaches $ 2,800, it can witness a strong sales pressure which can derail its bullish momentum. At the time of the press, ETH is negotiated at $ 2,620, down 1% in the last 24 hours.
Star image created with UNCLASH, Cryptocurrency graphics, X and tradingView.com
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