Ethereum creates a stubborn pattern-eGERT reveals a short-term target price

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Ethereum trads below USD 2800 in the last two weeks, because sales pressure at this critical level still exhausts the stubborn rush. Investors remain cautious among increased variability, fearing that Ethereum can extend their losses if it does not regain key levels. Despite uncertainty, some analysts see a potential breakthrough on the horizon.

Top Investor Crypto Investor Carl Runefelt divided the technical analysis into X, revealing that ETH is currently trading in a 4-hour symmetrical triangle. This pattern suggests that the decisive move is coming, and if the Ethereum manages to break out, it can regain key levels of supply and push in the direction of 3000 USD. However, if ETH does not maintain the current levels and breaks down with a triangle, there may be further declines.

Ethereum tried to take a rush compared to Bitcoin and some other Altcoins, increasing the fears of his relative weakness in this cycle. Traders strictly monitor the price, looking for confirmation of another essential movement. Regardless of whether ETH will explode or see a further disadvantage, he remains uncertain, but another few shopping sessions will probably determine its brief -term trajectory.

Ethereum testing of key supply prices

Ethereum tries to cross the 2,200 USD mark and keep it as support to confirm the start of the recovery phase. However, we have a real challenge ahead of us, because the key levels to recover remain from 2800 to 3000 USD. Analysts warn that if ETH soon does not regain these critical supply zones, there may be a deeper correction. The market is currently awaiting confirmation in both directions when Ethereum is trying to take up a stubborn rush.

Carl Runefelt provided technical analysis emphasizing that ETH trades in a 4-hour symmetrical triangle. This pattern signals the upcoming breakthrough, although the direction remains uncertain. Runefelt states that if Ethereum manages to explode up, the direct goal will be a resistance level of USD 3000. A breakthrough above USD 2800 would strengthen the stubborn case and signal the potential reversal of the recent inheritance.

Ethereum trading in a symmetrical triangle 4H | Source: Carl Runefelt on X

Ethereum has traded below USD 3000 from the beginning of February, and sales pressure prevents a breakthrough. The sentiment of investors remains mixed because some expect ETH to regain their stubborn trend while others are afraid of further decline. Volatility remains a sedate problem, and traders are looking for technical signals to predict another move.

The coming days will be crucial for Ethereum because he is trying to regain strength. If ETH successfully recovers the $ 2800 sign, the stubborn breakthrough in the $ 3000 zone becomes inevitable. Traders strictly monitor the price, looking for confirmation of another essential movement. Whether an Ethereum will regain his stubborn rush or face a different leg down, he will just turn out.

ETH Action Details Price: Technical levels

Ethereum trads in $ 2750 after a day of attempts to recover USD 2700. Bulls are fighting to preserve this critical support, because maintaining it can ensure the impetus needed for a breakthrough. If ETH maintains above 2,200 USD and manages to cross the 2,800 USD mark, he can cause a stubborn augment to a higher level, with $ 3,000 is the next main goal. The transfer above this level will confirm the reversal of the recent bear trend and strengthened the investor’s trust.

ETH attempt to maintain $ 2700 | Source: Ethusdt Chart on TradingView
ETH attempt to maintain $ 2700 | Source: Ethusdt chart on TradingView

However, uncertainty remains because the sales pressure still weighs ETH. If the price does not last above 2,700 USD, bears can recover control and reduce the price. The division below this level would probably lead to further sales of pressure, pushing ETH towards lower support zones. Investors carefully observe the decisive move, because the lack of maintenance of current levels can cause more pain to owners.

The next few days will be of key importance when determining the brief -term Ethereum trajectory. A successful recovery of 2,800 USD would pave the way for a stubborn recovery, and the loss of 2,700 USD can lead to a deeper correction. Traders remain careful, waiting for a clear signal before making the next move.

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