Ethereum Price Prediction: Analyst Says ETH Crypto Breakout to $2,800 Depends on How High Bitcoin Goes
Key Insights
- Ethereum price prediction turns toward $2,800 after ETH breaks above an ascending triangle.
- The Cryptomist says Ethereum’s next move depends partly on how high Bitcoin climbs.
- ETH liquidations reached $261.74 million, with shorts accounting for $216.64 million.
Ethereum price prediction has shifted toward $2,800 after ETH price broke above $2,500 and extended its 24-hour advance. Ethereum trades near $2,606.08, up roughly 6.8% during the period.
The move followed a recovery from $2,433.27 and pushed ETH as high as $2,647.68. Meanwhile, analysts The Cryptomist and Ted Pillows are tracking separate technical structures supporting the latest move.
ETH briefly approached $2,650 before pulling back toward $2,600. Consequently, the $2,640–$2,650 area now forms the nearest resistance zone. Meanwhile, $2,500 becomes an important level following the latest breakout.
Ethereum Price Prediction Eyes $2,800 Breakout
On the technical end, the Cryptomist points to an ascending triangle breakout on Ethereum’s four-hour chart. Before the breakout, ETH repeatedly faced resistance around $2,520–$2,530.
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