Ethereum still shows signs of rush up if you know where to look. The leading Altcoin is now in a stubborn phase of expansion, with Analysts predict this Its price may exceed key resistance levels in the coming weeks. According to cryptocurrency analyst, Ted Pillows, Ethereum entered the stubborn phase of expansion and is on the edge of a enormous rally that could exceed USD 4000 in a brief period and to the novel highest all time until March.

Based the expansion puts Ethereum on $ 4,500 in February

According to TEDEthereum switched to the expansion phase after completing the previous two stages of accumulation and manipulation. These phases have been mapped in 3-hour secular times and developed in the last two weeks of January.

. Accumulation phase It was emphasized by Ethereum Trading in the range between the upper and lower ends, respectively 3,520 and $ 3185. After this phase of accumulation, Ethereum entered the brief, but Volatile manipulation phase Between January 27 and 29, before they finally reflect at $ 3000.

On January 30, Ethereum officially exploded from the manipulation phase, which means the beginning of the expected phase of expansion. Ted believes that this breakthrough is a key turning point because it signals the beginning of a sturdy rally. Bearing in mind this expansion phase, the Crypto Ted analyst predicted that the price of Ethereum would gather at least $ 4,500 in February Before setting your eyes on the novel level of all time until March.

In particular, the perspectives of the analyst are based on a combination of a breakthrough from technical patterns And market moods, and noticed that underestimation Ethereum comes to lithe.

ETH breaking depends on the price of USD 4000

IN Separate technical analysisTed emphasized that Ethereum breaks out of the wedge pattern in the daily times of candlesticks. Based on this pattern, he predicted that ETH could reach $ 4,000 within eight to ten days after full confirmation of the breakthrough. His forecast is based on the historical movements of Ethereum prices, especially referring to two similar pimples in 2021 and 2024, which caused a 40% enhance in the same period.

In another analysis, Ted noticed that Ethereum creates higher minima in longer time frames. He emphasized that recovering the 4000 USD mark is now crucial, because it would pave the Ethereum path to aiming novel ups of all time. According to his forecasts, the decisive break above this key level will set the ground to reach Ethereum from 9,000 to USD 10,000 in the next three to four months.

In addition to technical indicators, the pillows indicated the potential impact of Donald Trump’s involvement in Ethereum. He suggested it Continuation of Trump accumulation ETH can additionally drive the rally. One such accumulation is The latest takeover ETH worth $ 10 million by World Liberty Financial, a cryptographic company associated with Donald Trump and some members of his family.

At the time of writing this text, Ethereum trades in USD 3,261.

A distinguished picture from Adobe, chart from TradingView.com