Ethereum Price: Ready to Break Out? Analysis Highlights Potential 17% Surge

Ethereum (ETH) price is displaying strong momentum, breaking out of its sideways market phase and setting sights on a potential 17% surge based on a symmetrical triangle pattern. Analysts attribute this rise to the booming DeFi sector and increasing institutional interest. While the current consolidation phase has not hampered ETH’s two future price targets – $4,811 and $8,557 – Ethereum continues to be a leader in developer activity, fueled by its vibrant community and constant innovation.