Ethereum Tests Massive Falling Wedge – Breakout Could Target $4K Cycle Highs

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Related Reading: XRP Forms A Bullish Pattern In 4-Hour Chart – Analyst Expects $4.20 After Breakout As Ethereum hovers around key levels, traders and investors are closely watching for signs of a definitive move.

According to Daan, a breakout from this falling wedge would likely pave the way for Ethereum to test the $4,000–$4,100 level, offering a glimmer of hope for bullish investors.

Clearing this level would likely reinvigorate market sentiment and attract fresh buying interest, setting the stage for Ethereum to target higher price levels in the coming days.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: United Kingdom

Topics: Ethereum news Ethereum Analysis Ethereum Technical Charts ETH Ethereum Ethereum Break ETHUSDT Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-26 @ 09:50:56 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 638 words

Reading Time: 4 minutes read

Sentences: 67 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25444672

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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