Ethereum's Path to $21K: Unpacking Bullish Chart Patterns
Ethereum's Path to $21K: Unpacking Bullish Chart Patterns
In the dynamic realm of cryptocurrency, market sentiment can shift rapidly, yet underlying technical structures often provide a clearer long-term outlook. Amidst recent market volatility that saw Ethereum (ETH) experience a 10.66% decline over the past week, a prominent market analyst, known as PlanD on the social media platform X, has presented a compelling bullish projection for the altcoin leader. PlanD's analysis suggests that Ethereum is poised for significant appreciation, potentially reaching an ambitious price target of $21,000 by the conclusion of 2025. Unveiling Ethereum's Bullish Chart Patterns: The Path to $21,000 PlanD's intricate long-term price analysis, shared on September 27 via an X post, meticulously highlights robust bullish potential within the Ethereum market. Over the preceding quarter, ETH has demonstrated remarkable price performance, notably breaking free from a protracted four-year symmetrical triangle pattern. This pivotal breakout culminated in t…