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Ethereum regained an important technical level in the last 24 -hour trading session, at its price Crossing over the brand of $ 2800 Located for a period of $ 2,870. This interesting cross makes it the first time since February 2025 that ETAREUM has been traded over the threshold of $ 2800. This step comes amid a rise in a rise of a rise flowing from Bitcoin, and according to the last analysis of an expert, it can be just The beginning of a much larger gathering For ethereum.
The artistic style says Ethereum can be close to $ 20,000
and An interesting technical formation on Ethereum has now caught the attention of some traders: a classic and shoulder head head. According to the Crypto Gert Van Lagen expert, whose analysis on the X social media platform, this reverse head and the shoulders put a long -term time frame.
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Specifically, ethereum Candle scheme for two weeks, The analyst, reveals a structure that was fully formed with the left shoulder in mid -2011, a clear head crying during the bear market in late 2022 to early 2023, and the formation of the right shoulder throughout the correction of 2024 to early 2025.
The left shoulder appeared in the middle of 2021, when the price of Ethereum reached about $ 4,870, then recovered until the end of the year. The head was formed at its lowest level of about $ 1350 in 2022 and 2023. The right shoulder is currently being formed after the ETHEREUM price recovered from about $ 1,600 in 2025. Finally, this style is also highlighted by symmetry around the neckline depicted near the price of $ 4200.
With this in mind, the neckline of the pattern, which is installed slightly less than the level of resistance of $ 4200, is now the most important level of its breaking above. A certain interruption over this region can stimulate the full climbing goal through technical configuration.
ETH price is approximately $ 20,000
According to Gert Van Lagen, the head and shoulder pattern indicates for two weeks that Ethereum may be “closer to 20 thousand dollars than expected more.” The target price account follows a classic technical methodology. By measuring the vertical distance from the lowest point of the head to the resistance of the neckline, then displays the same distance up from the neck line, it reaches a target of about 19500 dollars, which is more than 600 % One of the levels of today’s price.
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In the same analysis, Van Lagen also highlighted the expansion sprays style that has been formed since mid -2013. This secondary structure is strengthening the idea that Ethereum may start a much larger outbreak by simply deleting $ 4200.
However, this projection of 19500 dollars depends on the technical symmetry of the reverse head style and the shoulders, instead From the basic transformations in Ethereum. In addition, there is no clear timetable for this goal; However, based on the multi -year nature of the reverse head pattern and shoulders, the price goal may also take up to four years to achieve it.
At the time of writing this report, ETHEREUM is traded at $ 2772, After recovering it a little From $ 2,870.
Distinctive image from Getty Images, Chart from TradingView.com