Crypto
Ethereum Triangle Breakout Targets $1,935
Ethereum is currently trading near $1,854.32, up approximately 0.22% over the past 24 hours, according to Brave New Coin data.
The price of Ethereum has been holding above the key $1,850 support zone as traders watch for a triangle breakout towards $1,935.
A chart shows Ethereum compressing inside a symmetrical triangle, with a bullish breakout target near $1,935. To confirm this breakout, ETH price must close above the descending trendline and hold the breakout before the projected target becomes technically active.
Despite recent whale accumulation and the broader retest structure supporting the bullish case, heavy sell orders above the current price continue to restrict momentum.