Ethereum Retests Symmetrical Triangle Pattern, Analyst Sets Next Target

One crypto analyst, Trader Tardigrade, predicts Ethereum's price could rise to $3,180 based on a symmetrical triangle pattern, potentially reaching as high as $3,400. Another analyst, Titan of Crypto, also sees a symmetrical triangle and suggests Ethereum could hit $6,000. Trader Tardigrade also points to a separate bullish pattern that could push Ethereum to $4,500. However, Ethereum's price is currently between $2,600 and $2,800, with a key support level at $2,425 where a large number of wallets hold a significant amount of ETH. Another analyst, Merlijn, anticipates a "monster move" for Ethereum, potentially to $8,000, based on a multi-year ascending triangle pattern and accumulating higher lows. Analyst Marco Polo agrees, suggesting an accumulation phase is underway and a price breakout above $3,000 could trigger a significant move. Currently, Ethereum is trading around $2,660.