The highest monthly closing of Ethereum can cause another 60% of the price of ETH

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Key results:

  • Eth Eyes records every month, unlocking the potential of the rally at the end of the year.

  • The history shows an average of 60% of profits in August to December despite the September falls.

  • The monthly MacD is shifting the stubborn, they will repeat with past signals that preceded the main enlargement.

The Ethereum family token, Ether (ETH), is on the right track to the highest monthly closure, above the current record level of about USD 4,955.

Monthly ETH/USD performance chart. Source: TradingView

This movement can unlock up to 60% further growth by the end of the year.

The ether gains an average of 60% after green

Whenever ETH closes green in August, the following months historically supplied about 60% of returns on average.

According to data resources, in August 2017, 92.9% of profits set the stage of another 91% rally at the end of the year, fueled by the initial offer of coins (ICO) Kinglas.

In 2020, ETH added 25.3% in August, after which it increased by 69% from September to December, and in November he brought 59% of profits as the DEFI adopted adoption.

Monthreum monthly phrases. Source: Coumingss

Even in 2021, when the market was overheated, after 35.6% of August another 17.8% increased until December.

On the other hand, when Ethereum ends in August with losses, the results at the end of the year amounted to an average of -14.1%, emphasizing the importance of green closing this month.

But there is another nuance. After each stubborn August, a red September took place, on average about 17% inheritance.

Monthreum monthly phrases. Source: Coumingss

According to analysts, these early withdrawals often shake the traders of “PTSD bear” Axel Bitblase.

After panic ether, Ether passed to stage powerful collections in the last quarter.

Related: Crypto whales buy an ether $ 456 million in “natural rotation” from bitcoins

Bitblaze sees ETH resumes a bull’s tendency in the direction of USD 6800–7,000, which is in line with the goals previously marked by Geoffrey Kendrick with the Khartered standard and other market analysts.

Source: Axel Bitblase

The continuation of a typical rally pattern after August could stretch even more, and 60% climbs the current levels, which is the prices of nearly USD 7375 until December.

Ether Macd turns the stubborn

The monthly MacD Ethereum has just confirmed the stubborn crossover, which means that the miniature -term (blue) line has moved above the long -term (orange).

Source: Cryptoboss

In previous cycles, such a crossover meant the beginning of gigantic rallies.

MacD Ethereum overturned the stubborn at the beginning of 2020, just before exploding the price of Eth by over 2200% to the peak of 2021. The next one took place at the end of 2023, which preceded the reflection by more than 120% by mid -20125.

Monthly price table ETH/USD. Source: Tradingview

On the other hand, the MacD bears at the beginning of 2022 coincided with a brutal drop in the inheritance, which removed over 70% of the ether value, showing how key these signals can be at the turning points of the market cycle.

With a fresh stubborn crossover, prejudice tilts up, strengthening the forecasts so that ETH stretches to the zone 7,000–7500 USD by the end of 2025.

This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.

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