• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Ethereum Price Completes Bullish Structure Break – $3,000 Comes Next

May 12, 2025
in Bitcoin
Reading Time: 4min read
0 0
A A
0
Ethereum Price Completes Bullish Structure Break – $3,000 Comes Next
0
SHARES
17
VIEWS
ShareShareShareShareShare

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

According to a fresh analysis by a crypto analyst,  the Ethereum price has broken out of a months-long downtrend, reigniting bullish sentiment across the market. With volume rising and key resistance levels expected to turn into support, Ethereum is set to complete its bullish structure, aiming for a potential break toward $3,000. 

Ethereum Price Targets $3,000 Breakout

The Ethereum price action on the 4-hour chart has reportedly flipped bullish, following a sharp breakout above a long-standing descending trendline that capped its movements since late 2024. As a result, a pseudonymous TradingView crypto analyst identified as ‘Orihadad66’ has predicted that Ethereum could soon see a surge to $3,000. 

Related Reading

The analyst explains that Ethereum’s recent shift from bearish to bullish wasn’t a subtle move, as a high-volume candle had pierced through both the trendline and the $2,100 – $2,150 resistance zone, confirming a clearer shift in market structure. This breakout is significant, as it marks the first time Ethereum has invalidated the broader bearish pattern that dominated the early part of 2025. 

The $2,100 – $2,150 area now acts as a potential support zone for its price, and a successful retest would solidify it as a launchpad for further upside. Orihadad66 has confirmed that the immediate bullish target for Ethereum lies between the $2,500 – $2,550 price range. Historically, this region has been a key liquidity zone where previous price rejections frequently occurred. This makes the zone a potential profit-taking area as ETH consolidates post-breakout. 

Ethereum
Source: Orihadad66 on Tradingview

Technical projections suggest that Ethereum may briefly pull back toward the $2,350 – $2,400 range to form a potential higher low. If this pullback holds, bulls could drive the next leg up toward $2,800 – $3,000 — a confluence zone that includes both a supply barrier and psychological resistance.

Furthermore, the TradingView analyst has predicted that a clean break above $3,000 could open the door to the $3,300 – $3,600 supply block, potentially triggering a larger bullish trend reversal. With Ethereum currently trading at $2,544, a surge to $3,000 or even $3,600 would represent a 17.9% and 41.5% increase, respectively. 

Bullish Thesis At Risk Below $2,100

While the analysis published by Orihadad66 has highlighted Ethereum’s almost completed bullish structure and potential breakout target, the setup also comes with a clear invalidation level. The TradingView analyst has warned that a 4-hour candle close below the $2,100 support zone or a breakdown beneath the reclaimed descending trendline would signal weakness, potentially nullifying the bullish thesis. 

Related Reading

Such a move would suggest that the recent breakout was a false one, possibly a liquidity grab that could open the door to increased selling pressure. The analyst has suggested that traders should monitor price action around the $2,100 level. Until this invalidation point is reached, the analyst’s projected breakout, retest, and continuation scenario remains the dominant roadmap.

Ethereum
ETH trading at $2,562 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin To $400,000, Solana To $420, Dump ETH: Fund Manager

Next Post

Massive Comeback Above Key Support

Next Post
Massive Comeback Above Key Support

Massive Comeback Above Key Support

You might also like

XRP Price Could Explode After Tokenization Deal With Fund Manager

Ripple MiCA Approval Boosts RLUSD, Leaves XRP at $1.10 Support

June 23, 2026
[LIVE] Ethereum Price Developments, October 22: Live News and Price Updates as ETH Price Crashes to $3800

Ethereum Price Prediction: A Forgotten Bull Signal as SharpLink Loads Up on ETH After 8 Month Hiatus

June 26, 2026

Japan inflation cools as Polymarket lifts July Fed hold odds to 72.5%

June 20, 2026
Why Is Crypto Up Today? – October 15, 2025

Bitcoin Network Activity Erupts After Iran Peace Deal: Is The Bottom In For BTC?

June 20, 2026
Dogecoin Just Flipped a Multi-Session Resistance Level on a 122% Volume Spike: Is the Altcoin Season Starting?

Dogecoin Case: Is DOGE Still the King of Memes?

June 24, 2026
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment

Bitcoin Bear Market Now 233 Days In, Mildest Cycle Yet

June 25, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

XRP Long-Awaited Wave Structure Finally Unfolds – What Comes Next?

XRP Tests $1 Support As Long Liquidations Surge Inside Multi-Month Wedge

June 26, 2026
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment

Kalshi, Polymarket Diverge on Anthropic, OpenAI IPO Odds

June 26, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.