ETH 2025 Fractal May Trigger 250% Rally To New Highs
Summary
Ether (ETH) is showing a technical pattern reminiscent of a 2025 fractal that previously led to a 250% price increase. The cryptocurrency has bounced off multi-year support on the weekly chart, coinciding with a bullish MACD crossover, signaling a potential bottom. Analysts suggest that if history repeats, ETH could surge over 250% towards $6,300, provided it can consolidate above the key $2,400 range. Further bolstering this outlook, Ether's apparent demand has reached a 90-day high, driven by increased US institutional interest as indicated by the Coinbase premium index. Additionally, spot Ethereum ETFs have seen consistent inflows, reinforcing institutional demand for ETH.
(Source:Cointelegraph)