Ethereum (CRYPTO: ETH) looks positioned for a strong performance in 2025, with fundamentals and technical analysis suggesting potential outperformance against other altcoins.
What Happened: Crypto chart analyst Ali Martinez on X forecasted a potential target of $6,000 for ETH, noting its price movements within an ascending parallel channel since June 2022.
The altcoin has consistently rebounded from the lower boundary of this channel, leading to significant surges before encountering resistance at the top.
Most recently, Ethereum faced rejection at the $4,000 level, but breaking through this resistance could pave the way to $6,000.
Meanwhile, crypto analyst Michael …Full story available on Benzinga.com
Ethereum Climbs 12% In A Week: Could It Outperform In 2025?
Login
0 Comments
Oldest
