Ethereum Price Spikes 5% In A Day—Will the Rally Continue?

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Ethereum Price Spikes 5% In A Day—Will the Rally Continue? - NewsBTC

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This ascending triangle level, previously outlined in his analysis, may serve as a critical milestone for the asset’s upward trajectory.$Eth #Eth Consolidating Within Tight Range Of Bullish Pennant, Expecting Upside Breakout Soon, Incase Of Successful Breakout Ethereum Can Target 4000$ Area Ascending Triangle Resistance Area “Which I Shared Recently” pic.twitter.com/B36VRnN9Qm — World Of Charts (@WorldOfCharts1) January 30, 2025 Ethereum On The Path To A $9,000 Rally?

Related Reading: Ethereum Price Struggles Against Resistance: A Tough Road Ahead Ted went even further, forecasting that Ethereum could reach $9,000 to $10,000 within the next three to four months if these bullish conditions persist.

Analyst Weighs In Analysts Discuss Key Levels and Future Targets Elite, a well-known crypto analyst, pointed out that Ethereum’s resilience came in the face of “hawkish signals” from the Federal Reserve.