ETHUSD Bull Run Forecast: Key Support Level & Bul Market Insight
Ethereum (ETHUSD) currently shows a strong support level at $2760. From this level, there is a high possibility of a significant gain. However, if the $2760 support level fails, we can expect the next major support between $2100 and $2200. This area should provide a strong bounce as the bull run approaches.
Historically, Ethereum has shown major movements during bull markets. In January 2016, Ethereum flipped resistance and saw a massive pump, creating a new resistance zone by January 2018. The next bull market in May and November 2021 saw Ethereum touching this resistance twice. We anticipate a similar pattern with the upcoming bull market, potentially reaching this resistance by March or April 2025. If not, we could see this level touched in October or November 2025. Each bull market is characterized by significant volatility, and we expect similar movements this time.
Our targets for Ethereum during the bull run, based on historical data and calculations, project a minimum target of $18,422 by March 2025. If Ethereum flips this resistance by July or August 2025, we could see a maximum target of $23,350 by October or November 2025. Historical bull markets in 2017, 2018, and 2021 have shown unexpected price pumps, and we anticipate similar volatility in Q1 and Q4 of 2025.
We recommend staying active in your trades and keeping an eye on the resistance zones. Long positions should be exited by March or November 2025 as the bull market is expected to end, leading to a downward trend in 2026.
For more detailed analysis and to stay updated with our latest ideas, follow us on TradingView. Take advantage of our insights to enhance your trading strategies. If you find our ideas helpful, please leave a comment and suggest projects you'd like us to analyze and share.
Historically, Ethereum has shown major movements during bull markets. In January 2016, Ethereum flipped resistance and saw a massive pump, creating a new resistance zone by January 2018. The next bull market in May and November 2021 saw Ethereum touching this resistance twice. We anticipate a similar pattern with the upcoming bull market, potentially reaching this resistance by March or April 2025. If not, we could see this level touched in October or November 2025. Each bull market is characterized by significant volatility, and we expect similar movements this time.
Our targets for Ethereum during the bull run, based on historical data and calculations, project a minimum target of $18,422 by March 2025. If Ethereum flips this resistance by July or August 2025, we could see a maximum target of $23,350 by October or November 2025. Historical bull markets in 2017, 2018, and 2021 have shown unexpected price pumps, and we anticipate similar volatility in Q1 and Q4 of 2025.
We recommend staying active in your trades and keeping an eye on the resistance zones. Long positions should be exited by March or November 2025 as the bull market is expected to end, leading to a downward trend in 2026.
For more detailed analysis and to stay updated with our latest ideas, follow us on TradingView. Take advantage of our insights to enhance your trading strategies. If you find our ideas helpful, please leave a comment and suggest projects you'd like us to analyze and share.
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