{"id":5362,"date":"2025-06-20T04:11:24","date_gmt":"2025-06-20T04:11:24","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/ethereum-bullish-wave-towards-ath-coming-here-are-the-targets\/"},"modified":"2025-06-20T04:11:24","modified_gmt":"2025-06-20T04:11:24","slug":"ethereum-bullish-wave-towards-ath-coming-here-are-the-targets","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/ethereum-bullish-wave-towards-ath-coming-here-are-the-targets\/","title":{"rendered":"Ethereum Bullish Wave Towards ATH Coming? Here Are The Targets"},"content":{"rendered":"<p>Recent price action in the past 24 hours has seen <a href=\"https:\/\/bitcoinist.com\/ethereum-outperforms-bitcoin-during-geopolitical-chaos-is-altseason-about-to-ignite\/\" target=\"_blank\" rel=\"noopener nofollow\">Ethereum clawing back above<\/a> $2,500 after a pullback that saw its price fall to a low of $2,440. This is a notable correction from Ethereum&#8217;s foray to $2,770 in the past seven-day timeframe, but according to crypto analyst KledjdiCuni, it aligns with one of the anticipated price scenarios.<\/p>\n<p>Now, the analyst&#8217;s outlook is of a reversal into a bullish wave. In his latest update, KlejdiCuni laid out several upside targets that traders may want to keep in focus if Ethereum confirms a breakout.<\/p>\n<h2>Accumulation And Bullish Setup Toward $2,800 Breakout<\/h2>\n<p>Crypto analyst KlejdiCuni, <a href=\"https:\/\/www.tradingview.com\/chart\/ETHUSDT\/pHGNM3Jz-Ethereum-Is-a-Major-Bullish-Wave-Coming\/\" target=\"_blank\" rel=\"noopener nofollow\">posting on the TradingView platform,<\/a> believes Ethereum may now be on the verge of initiating a much larger bullish trend. According to his analysis, the $2,440 region held up as expected, confirming it as a strong accumulation zone.\u00a0<\/p>\n<p>In the daily candlestick price chart he shared, KlejdiCuni illustrated what he identifies as a bullish pattern. This pattern is a formation of higher lows and relatively stable resistance near the upper boundary. This setup resembles an ascending channel structure, which suggests that buyers are gradually taking control of Ethereum&#8217;s price action.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-large wp-image-774460\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/Ethereum-chart-from-KlejdiCuni.png?w=512&#038;resize=512%2C218\" alt=\"Ethereum\" width=\"512\" height=\"218\" \/><\/p>\n<p>Ethereum&#8217;s rebound to $2,660 has formed a structure that could break above the current pattern, likely in the direction of $2,800. This aligns with the upper resistance boundary of the bullish pattern, and as such, it is the first immediate target to look towards for a breakout to higher price levels.<\/p>\n<h2>Price Targets For Ethereum<\/h2>\n<p>If Ethereum successfully breaks above the $2,800 resistance level, the bullish momentum could signal the start of the expected bullish trend, according to the analyst. In this case, the first major target in this sequence is $3,300. Ethereum&#8217;s reaction here would be one to watch, as it coincides with a resistance level in late January 2025 that eventually broke to the downside in early February 2025. If Ethereum manages to clear this zone, it would confirm a sustained buying interest.\u00a0<\/p>\n<p><a href=\"https:\/\/bitcoinist.com\/can-ethereum-price-return-to-4000-eth-this-support\/\" target=\"_blank\" rel=\"noopener nofollow\">Should Ethereum maintain its <\/a>upward pressure beyond $3,300, the next target is at $3,800. This level carries particular technical significance, as it coincides with an order block in early January that caused the initial rejection as it tried to push toward the $4,000 price level again. Breaking through $3,800 to the upside would be an indication that bullish sentiment has taken firm hold across higher timeframes again.\u00a0<\/p>\n<p>Finally, if the bullish wave extends uninterrupted, the analyst projects a longer-term target of $4,500. This level is only a short distance from Ethereum\u2019s all-time high of around $4,878, and reaching it would represent a near-complete recovery from the prolonged bear market. Hitting $4,500 would also place Ethereum at new price highs for this cycle.\u00a0<\/p>\n<p>At the time of writing, Ethereum is trading at $2,521, having retraced by 0.7% in the past 24 hours.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/9mq5R15v\/\" alt=\"Ethereum\" width=\"2108\" height=\"1502\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent price action in the past 24 hours has seen Ethereum clawing back above $2,500 after a pullback that saw its price fall to a low of $2,440. This is a notable correction from Ethereum&#8217;s foray to $2,770 in the past seven-day timeframe, but according to crypto analyst KledjdiCuni, it aligns with one of the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5363,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[138,359,360,102,232,233,104,105,2738],"class_list":["post-5362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-eth-news","tag-eth-price","tag-ethereum","tag-ethereum-news","tag-ethereum-price","tag-ethusd","tag-ethusdt","tag-klejdicuni"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/5362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=5362"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/5362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/5363"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=5362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=5362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=5362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}