The post Ethereum Price Prediction: Can ETH Break $2.85K, Trigger Rally to $4K? appeared on BitcoinEthereumNews.com.

Ethereum (ETH) price formed bullish signals as it approaches a crucial resistance area. Consequently, if the top crypto continues trading along its existing path, the technical outlook suggests the altcoin could hit $4,000. Ethereum Price Approaches Key $2,850 Resistance Notably, analyst Ted Pillows stated that Ethereum price is testing the $2,850 resistance level. This level is the top of an ascending triangle seen for many months. Higher lows have marked the formation of this structure since early 2025. Traders typically view ascending triangles as bullish continuation formations, especially when price consolidates below a defined horizontal resistance level. Ethereum Price Chart Source: X Looking at the chart, ETH price has traded above an upward trendline that has supported it for over a year. Reaching above $2,850 would mean Ethereum price had its highest level in a while. In addition, since it is near where prices were rejected previously, this level holds significant importance. If the top altcoin closes above this resistance for the week, it could surge to a higher target at $4,000. ETH Price Bull Flag Breakout Suggests Move to $4,000 Another technical pattern, shared by Titan of Crypto, showed a bull flag on Ethereum price daily chart, and it recently broke upwards. The pattern appeared after Ethereum rapidly rose from the $2,000 region in May 2025, then consolidated briefly. Earlier this week, the price broke out by moving above the consolidation band, indicating that bulls are in charge. Ethereum Price Chart Source: X Additionally, the analyst projected a target between $3.8K and $4K following the pattern of the flagpole. The intermediate level at $3.8K is close to where Ethereum price was trading in the last bull cycle. Hence, if ETH price keeps trading above the bull flag’s upper trendline, it could lead to a further rise in price. The…

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Filed under: News - @ May 30, 2025 5:29 pm