Ether Soars Above $2,660, Eyes $3,050 Target

Ether's price has broken above its September high of $2,661.52, completing a bull flag breakout and setting a technical target of $3,050.

According to traders, the cryptocurrency may consolidate between $2,775 and $2,825 before potentially reaching new highs.

A drop below $2,560 or especially $2,350 would undermine the rally, while sustained gains could push Ether's price towards $3,395 to $3,445.