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Crypto Prune > News > Crypto > Ethereum > Ethereum prices form bullish pennants. Can ETH hit $4,000 by June?
Ethereum

Ethereum prices form bullish pennants. Can ETH hit $4,000 by June?

9 months ago 4 Min Read

Ethereum prices show a strong upward momentum, rising about 5% over the past week. Now, ETH is stable at nearly $2,600 after a sharp rebound. The move follows a bullish breakout from a downward triangle pattern that previously limited profits. Ethereum has successfully destroyed major levels of resistance, reflecting the new strength of the Altcoin market.

Recent increase Bitcoin Price It brought more hope to the crypto industry as a whole. After spending several days near $2,500, Ethereum has made the move, pushing prices over $2,600 and some experts are hoping to meet up.

Thanks to the overall upward trend in Crypto Market, Ethereum could rise further in the short term. Ethereum’s intense sentiment is evident in this price surge.

Ethereum prices are $4,000 after a bullish breakout

Crypto analysts tweeted about Ethereum prices on recent pricing movements, highlighting strong profits over the past few weeks. Prices are integrated within a strong bullish pennant pattern. This formation follows a breakout from a downward spreading wedge. Analysts hope that once the pennant is cleared, the upward movement will continue.

Ethereum is expected to be close to $4,000 in the near future. This indicates that investors have become more positive after the recent integration period. Many investors keep an eye on pennants and are waiting for signs of breakout. If the forecast proves correct, upward price trends could continue in the short term.

$eth #eth I’ve been updating all of you in stages and already giving solid profits in recent weeks. Now, after defeating the descent spread wedge, we hope to merge with a close bullish pennant and move to $4,000 once the pennant is cleared.

– World of the World (@worldofcharts1) May 27, 2025

Crypto experts have shown that ETH prices remain stable at the $2,500 level. This price range will serve as a base after recent market movements. The analysis highlights that ETH is within the integration phase and fits into a larger four-year market cycle. This stage appears to be preparing assets for possible upward movement.

See also  Bitmine's Ethereum Holdings Top 833,000, becoming the world's largest ETH Ministry of Finance

The next price target is set at $4,000 in the future. The chart shows possible breakouts from current range, suggesting more profits in the coming months.

$eth is stable at around $2500

Next goal: $4000 pic.twitter.com/wiystzdmce

– Crypto Yoddha (@cryptoyoddha) May 26, 2025

Can ETH prices stay momentum and reach over $3,500?

Ether Price It’s trading at $2,639 after seeing a slight recovery. Cryptocurrency rose 3% in the last 24 hours.

The indicator, RSI, is held closely above 68, indicating that there is continuous bullish activity.

The MACD lines continue to rise above the signal lines, but they are getting closer and closer, so investors still have to be cautious even if they want prices to rise.

Source: TradingView

If bull markets remain, ETH could encounter $3,000 and $3,500 in resistance over the coming weeks. If Ethereum prices fall below $2,300, you can find support near the $2,000 price.

TAGGED:EthereumEthereum News
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