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by: xpoolPosted on: May 9, 2025

Ethereum Breakout Signals Potential Gains Towards $3,840

Ethereum has broken out of a descending broadening wedge pattern, indicating strong bullish momentum and potential for price gains towards $3,840 in the coming months. This breakout signals the end of five months of consolidation, and analysts believe it’s driven by surging whale activity following the Pectra Upgrade.

Related posts:

  1. Peter Brandt Sees Potential Ethereum Breakout Amidst Price Consolidation
  2. MakroVision Predicts Continued Ethereum Growth, Eyes Resistance Zone
  3. Ethereum Nearing Key Resistance after 77% Price Surge
  4. Veteran Trader Signals Ethereum Bullish Breakout Potential
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