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Crypto

Ethereum Breakout Setup Forms at Key Resistance Level

Guavy AI Editorial Team
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ETH
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Ethereum is retesting a resistance line it has only reached twice before in 2021 and 2025, according to trader Crypto Patel. This makes the current situation what he calls the 'biggest breakout setup yet' for Ethereum.

In a chart posted by Patel, he maps out a potential path towards $15,000 for Ethereum's price if the resistance line is broken. Currently, ETH is trading near $2,500, which is less than half of its all-time high.

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