Ethereum Could Record Q3 Close Above $3,700; Breakout Patterns May Target $6,400 🚀
Ethereum's price trajectory is on the verge of a significant milestone, as it seeks to close the quarter above $3,700. This development is seen as a confirmation of a breakout, which could propel the price towards $6,400. The successful realization of this potential is contingent on the stability of a multi-month "W" chart pattern.
However, Ethereum faces crucial resistance levels within the $4,158 to $4,505 range. Overcoming these barriers is essential for the continuation of its upward trajectory. Analysts and investors are closely monitoring these levels to assess Ethereum's future price movements and its capacity to maintain this bullish trend.
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