Ethereum’s Break Out Potential: Could a Surge to $2,500 be in Sight?

Ethereum is showing early signs of a potential price surge as it approaches key resistance near the $1,650 mark after forming a consolidation triangle pattern. This suggests an upcoming breakout that could propel ETH prices toward the $2,500 level. 2022’s long-term cycle analysis from crypto analyst World Of Charts reveals consistent accumulation and re-accumulation phases, hinting at a potential for a significant price move in the near future.