Key Bullish Signals:
- Ascending triangle pattern targeting $4,000
- Morning Star pattern on monthly chart signals reversal
- Bullish crossover on monthly Stochastic RSI
- Key resistance levels: $2,500 (monthly) and $2,700 (daily)
- Current price: Above $2,500 with 0.16% decline in 24 hours
📈 Ascending Triangle Targets $4K
According to analysts, Ethereum price is forming an ascending triangle pattern on the daily chart. This technical formation consists of a flat horizontal resistance near the $2,700 mark and a series of higher lows indicating rising buying pressure.
The Ethereum price prediction structure is commonly interpreted as bullish, especially when the altcoin price approaches the resistance line with increasing frequency.
CryptoElites, a market analyst, has projected an Ethereum price target of $4,000 using the measured move method. This approach takes the height of the triangle and adds it to the breakout level, estimating the next potential target zone.
If the breakout occurs above $2,700 with strong volume, Ethereum price could trigger a new bullish trend phase.
🌅 Morning Star Pattern Confirms ETH Reversal
Additionally, analyst CryptoBullet has identified a Morning Star candlestick pattern on the monthly chart for Ethereum. This three-candle setup may signify reversal of market direction:
Pattern Structure:
- Bearish red candle
- Small body candle
- Big green candle closing above midpoint of the first
Ethereum price formed the Morning Star pattern at the $1,800 level, which previously served as strong buying support. On a monthly timeframe, this pattern indicates the market is turning to a new upward cycle.
CryptoBullet has set the next target at $3,300, referencing past consolidation zones.
📊 Stochastic RSI Signals Bullish Momentum Shift
Another technical indicator supporting Ethereum’s bullish outlook is the Stochastic RSI on the monthly chart. According to analysis from Mister Crypto, the Stochastic RSI has shown a crossover in the oversold zone.
Signal Mechanics:
- Blue line crosses above orange line
- Often indicates momentum shift toward buying strength
- Historically, such crossovers have preceded upward price trends
The current crossover coincides with the Morning Star pattern and accumulation zones visible in Ethereum’s chart structure.
🎯 Key Levels Heading Into Q3 2025
Primary Resistance Zones:
- $2,500 (monthly chart)
- $2,700 (daily chart)
Bullish Targets:
- $3,300 (intermediate target)
- $4,000 (main target on triangle breakout)
If the top altcoin can get confirmation of breakout above these levels, it could attract more participation and follow through with a rally.
Current Status: Ethereum price is trading above the $2,500 resistance level, marking a small decline of 0.16% in the last 24 hours.
Bottom Line: Multiple technical indicators—ascending triangle, Morning Star pattern, and Stochastic RSI crossover—align to suggest Ethereum may be positioning for a significant bullish move toward $3,300-$4,000 targets, pending successful breakout above key resistance levels.