X Username Pland’s prominent market analysts shared interesting strong projects in the Ethereum (ETH) market. Due to the recent losses, ETH has decreased by 10.66% over the state, and Altcoin Market Leader has backed up to reach $ 21,000 by the end of 2025.
Ether Leeum is ready with a combination of triangles, heads and shoulder patterns
In the X Post on September 27, Pland offers a long -term price analysis of the Etherum market, emphasizing its strong strong potential. In the last quarter, ETH has been out of symmetrical triangle for four years and has established a new all -time high for $ 4,953, showing strong price performance.
In the context, symmetrical triangle is a neutral chart pattern formed when the price is integrated between two convergence trend lines. As can be seen in the Ether Leeum market, the tendency of the top downturn, that is, the resistance, is usually interpreted as an optimistic signal.
Pland explains that according to the classic technology structure, the recent drop in the last two weeks is consistent with the estimated re -test of about $ 3,900. The analyst says that after successfully popping out of this price, Ether Lee has now resumed the rise, and the first main goal is $ 5,900, which came from the back head and shoulder pattern (H & S).
Inverse heads and shoulders are optimistic anti -chart patterns that are often seen after the decline. It suggests that the market is changing from weak to strong. This can be clearly seen in ETH price behavior by 2025. Pland is expected to start a rally for the main goal of symmetrical triangle formation by the end of 2025, if Ether Lee has successfully achieved a $ 5,900 reverse H & S goal.
Ether Leeum Market Overview
At the time of writing, Ether Leeum is traded at $ 4,001, almost no change in price on the last day. However, market trading volume decreased by 58.67%, weakening and short -term exercise.
According to the Blockchain Analytics Company Sentora, the total network rate decreased by 3.9% per week, reducing chain activities and lower demand for block spaces. Meanwhile, the $ 330 billion Exchange Netflows, which is $ 330 billion a week, has withdrawn more Etherrium than deposits, and usually indicates accumulation rather than selling pressure.
PEXELS’s main image, TradingView chart
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