Ethereum Bull Flag Signals Breakout Potential

Ethereum’s price is showing a bullish flag pattern on the daily chart, indicating a potential continuation of the recent uptrend. Following a strong rally from $1,900 to $2,730, prices are currently consolidating between $2,400 and $2,750. This pattern typically suggests further upward movement. A breakout above the $2,600 level could signal a surge towards resistance levels of $3,000 to $3,100, with a target of reaching $3,600 if the bullish flag pattern completes successfully.