Ethereum's Potential Breakout: Analyst Eyes $3,800–$4,800 Target
Ethereum's Potential Breakout: Analyst Eyes $3,800–$4,800 Target
Veteran trader Peter Brandt has identified a potential bullish breakout for Ethereum (ETH), contingent upon the altcoin surpassing a key congestion pattern. Brandt highlighted a rising wedge formation—a chart structure often considered bearish—but suggested that a breakout above this formation could propel ETH toward the descending resistance line, with price targets in the $3,800 to $4,800 range.
This optimistic technical outlook aligns with...
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