Ethereum is now testing critical resistance after a acute rally, which drew the attention of both analysts and traders. In the following days, ETH has recovered 1,800 USD, recovering over 18% of its value from Tuesday. This impressive reflection signals renewed confidence in assets among the ongoing global macroeconomic uncertainty and volatility in financial markets.

According to the best analyst Gerta Van Lagen, Ethereum can be on the edge of a historical breakthrough. In a recent technical analysis, divided into X van Lagen, he pointed to a huge 4-year template head and shoulders, forming on a 1-week Ethereum-Classic chart of a stubborn reversal signal. After confirming both arms, the creation of charts is focused on a long -term price goal around USD 20,000.

This development occurs when Ethereum still strengthens its basics in the chain and regains the attention of investors. While the levels of forward resistance remain hard, a breakthrough above USD 1800, combined with stubborn long -term configuration, set Ethereum as one of the most promising assets in the current landscape of cryptocurrencies. If market moods continue to change in favor of cryptographic assets, ETH may enter the powerful phase of expansion from USD 2000 and out of reach.

Ethereum is preparing for the rally, creating a long -term reversal pattern

Ethereum currently trades by 57% below a long $ 4,100, and many investors believe that full recovery is still far away. However, growing optimism appears on the market, because cryptocurrency assets begin to recover the shoot despite increased macroeconomic tensions and deepening trade war between the United States and China. With actions under Ethereum pressure and other leading cryptocurrencies seem to go by independent trajectories – something that analysts perceive as a forceful sign of stubborn.

According to the best analyst Van Lagen Ethereum, it can be on the edge of a earnest breakthrough. In his last Technical analysisVan Lagen emphasizes the huge 4-year-old template head and arms developing on the weekly ETH chart. This classic reversal formation suggests a long -term stubborn structure. If this is confirmed, Van Lagen believes that the pattern can send ETH to an ambitious target $ 20,000 in the next market cycle.

One of the key factors of Van Lagen’s analysis is the recent shock of retail traders. It indicates the creation of the right arm as a moment of surrender, suggesting that many compact -term owners have left their positions, cleansing the path for a stronger, more tough movement up.

Price tests ETH support after key recovery

Ethereum is currently amounted to USD 1,740 after successfully recovering both 4-hour 200 mA and EMA, key technical indicators that are currently tested as short-term support. This recovery is a positive signal for Bulls, which suggests that the shoot is built after a forceful reflection of the last low. However, the next critical step is to exceed the psychological and technical barrier in the amount of USD 2000.

The decisive break and daily approach above USD 2000 would confirm the reversal of trends and probably opened the door to a stronger recovery rally. This level has acted as resistance many times in recent months, which makes it a significant reference point for traders. Bulls must defend the USD 1740 zone to maintain the current structure and build a case of further movement up.

On the other hand, if Ethereum does not recover $ 2,000 and loses the 1700 USD support zone, further inheritance pressure can push ETH back on the consolidation territory. Such a movement would signal fluctuations on the market and potentially delay all significant breakthrough in the compact period. For now, keeping the recovered average movable is necessary because Ethereum is trying to solidify the basis for the next move.

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