Analyst Flags Ethereum Breakout Setup With $15K Target

The analyst places $3,270 and $4,892 ahead of a longer path toward $10,000 and $15,000 in his bullish ETH roadmap Ethereum (ETH) is retesting a resistance line it has only reached twice before, in 2021 and again around 2025, and trader Crypto Patel says that makes this the “biggest breakout setup yet” for the cryptocurrency. In a chart posted Friday, Patel mapped a path toward $5,000, then $10,000, then $15,000 if the line breaks, even as ETH was trading near $2,500, still less than half its all-time high. The Chart Behind the $15K Call “$ETH is retesting a multi-year resistance zone for the 3rd time after holding its long-term accumulation support,” stated Patel as he shared a chart that traced a descending trendline from 2018 to 2021, marked by three lower highs before ETH broke out into that year’s rally. The same horizontal resistance capped the price at the 2021 peak and again near 2025, and the current test is drawn as the third touch of that line. Below it, a wide band the analyst called the “Best Accumulation Zone” has caught every major pullback since, with a rising trendline running through it that ETH is still sitting just above, around $2,460 on the chart’s own reading....