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Crypto Prune > News > Crypto > Ethereum > Ethereum’s final leg up: a new impulse phase map maps a clear route to cycle peaks
Ethereum

Ethereum’s final leg up: a new impulse phase map maps a clear route to cycle peaks

9 months ago 4 Min Read
A reliable editorial Content reviewed by industry experts and veteran editors. Advertising disclosure

Bullish momentum continues to grow in the market Ethereum It appears that the second largest digital asset has expanded its updated upward trend and has broken more than $2,500, so it appears to have discovered stability. A few times later A few months of cute performancesETH can finally enter the next bull phase, leading to this cycle peak.

When the Ethereum Impulse Phase begins, focus and focus

As Ethereum gains significant upward traction, recent developments have shown a sustained bullish move towards higher price levels. Crypto analysts and investors traders late I’ll predict As Altcoin’s price dynamics undergo major changes, there is a potential continuation to the cycle peak of the ongoing uptrend.

Following his analysis of ETH Current Price ActionTrader’s slow gigrades reveals that the assets have entered a fresh impulsive phase characterized by strong upward momentum and decisive price performance. The shift to the impulsive phase of ETH suggests the possibility of a rise in the final leg in the ongoing bull market cycle.

This new movement slowly coincides with historical patterns that previously preceded robust gatherings, reflecting the strength of the new impulse stage. At ETH Breaks through important resistance levels And this favorable environment with growing markets could improve sustainability to a higher level of recent upward trends.

Experts say Altcoin’s price action works similarly to the last cycle trend from 2020 to 2021, reaching the highest ever today. If Ethereum functions similarly to the 2020-2021 market cycle, this impulsive gathering will lead all the way to the top of the cycle.

See also  Will Ethereum hit $3,000 this week amid the BlackRock influx?
Ethereum
Cycle peak to ETH’s final leg up | Source: Trader stop at x

Trader Tardigrade placed this cycle peak at a $23,818 level, reaching 2.618 Fibonacci levels. This expected significant growth represents an increase of over 900% from current price levels.

Before his top analysis of the cycle, there is already a trader’s lateness hinted As he predicted, with the possibility of sustained upward performance Immediate Bull Runs for ETH Within a year. His forecasts are based on past cycle trends, particularly the 2020 season, when the last bull market phase began.

Looking at the charts, Ethereum’s final bull market phase began in March 2020. altcoin After the integration period within the pattern, it broke out from the formation of triangles. Now, ETH has made a similar move, breaking the same triangle pattern, causing an ongoing upward trend. So, trader Tardgirade claims that the 2025 Bull Run has begun, suggesting a move to a new all-time high, as seen in the 2020 cycle.

ETH exceeds important resistance levels

Considering that ETH has passed through major resistance zones, market expert Ali Martinez has It was predicted Altcoin’s continuous bullish performance. A few days ago, Ali Martinez pointed out the $2,380 level as an important area of ​​resistance, which would cause a Bull Run for Ethereum if it broke.

Now Ethereum is breaking above this critical supply barrier. Experts say if ETH is above this level, it will ignite New Bull Rallythis indicates that ongoing gatherings may not stop soon.

Ethereum
$2,567 ETH trading on 1D chart | Source: eatusdt on tradingView.com

Pixabay featured images, charts on tradingView.com

Editing process Bitconists focus on delivering thorough research, accurate and unbiased content. We maintain strict sourcing standards and each page receives hard-working reviews from a team of top technology experts and veteran editors. This process ensures the integrity, relevance and value of your readers’ content.

See also  Ethereum blockchain outperforms unique speed improvements, but has pitfalls

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