Extended Analysis of the Ethereum (ETH) Forecast
Trading expert Master Ananda has presented a comprehensive and detailed forecast for Ethereum (ETH), which may reach a new record in the range of $5000–8000 in the coming months. Let’s take a closer look at the key points of his analysis and predictions.
1. Long-Term Consolidation
- Descending Triangle:
- Since November 2021, ETH has been consolidating in the form of a descending triangle. This formation often precedes significant price movement, indicating that the market may be preparing for a potential breakout.
- Ascending Lows:
- From June 2022 to April 2025, there has been a formation of ascending lows. This suggests that despite an overall negative trend, buyers are gradually becoming more active, creating a bullish momentum. Ascending lows can signal that demand for the asset is increasing, even as the price fluctuates temporarily.
2. Key Levels
3. Analyst Expectations
Master Ananda expects that Ethereum will reach the indicated zone of $5000–8000 by the end of 2025. This implies significant growth and a potential trend reversal in the market. The expectations are based on current technical signals and historical price movements.
4. Cryptocurrency Market
Master Ananda's forecasts highlight the importance of technical analysis and understanding market structures. Investors should pay close attention to key support and resistance levels, as well as overall market trends, to make informed decisions. Considering all factors, the influence of which can be both positive and negative, it is important to remain cautious and adapt to changing market conditions.