Ether has 3-year cup-and-handle ‘in the making,’ analyst eyes $7.2K
Ether is forming a pattern on the price chart signaling a 97% upward move by the end of the first quarter of 2025, according to a crypto analyst.
Ether is forming a convincing pattern on the price chart, signaling a potential surge of up to 97% within the next four months, according to a crypto analyst.
“ETH has a 3-year cup and handle in the making; it is about to be completed now if Ethereum confirms $3.8k as support,” pseudonymous crypto analyst venturefounder said in a Nov. 30 X post.
Venturefounder projected Ether’s (ETH) first price target at $5,349, followed by $6,457, and a third target of $7,238 to be reached by the end of Q1 2025 at the latest. This represents approximately a 97% increase from Ether’s current price of $3,669, as per CoinMarketCap data at the time of publication.
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Author: Ciaran Lyons
