ETH Futures Suggest Surging Price Action Ahead
The long-term trajectory of Ether (ETH) is gaining attention from market analysts. The futures contract for ETHUSD, specifically the HTX:ETHUSD14Q2026 on TradingView, indicates a possible upward trend in the coming year. According to an analysis shared by user lunarsyndicate91, the chart shows a 'textbook completion' of a simple zigzag correction.
This correction is marked as 5, 3, 5, which suggests that it has reached its final stages. If this projection holds true, the next move up for ETH is expected to be significant and unexpected by many.
Lunarsyndicate91 notes that if their analysis is correct, Ether will break all-time highs and enter a phase of price expansion. A target of $42k has been mentioned, but it's considered a relatively low target.