Ethereum Eyes $4,000 After Breakouts and Golden Cross Setup

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Ethereum maintains bullish momentum above $2,443 with a golden cross forming, signaling possible continuation toward the $4,000 level.

After breaking the wedge in May, Ethereum surged to $2,855 and now consolidates between $2,350 and $2,855 with strong support below.

Sustained structure above both EMAs and historical golden cross data support further upside as long as $ETH holds above $1,802.

Key breakout patterns and technical clues support Ethereum's ($ETH) bullish momentum as it enters Q3 2025, according to expert Lucky. After a protracted period of fall and consolidation, Ethereum has recovered its strength and altered course. The price of $ETH is currently $2,535, with a bullish structure above dynamic support zones.

From November 2024 to April 2025, Ethereum remained trapped in a downward channel. Prices dropped from over $2,800 to below $1,800. The falling wedge pattern during this phase confirmed bearish pressure. Ethereum found support at $1,385, forming a strong base.

Source: Lucky

In early May 2025, Ethereum broke above the wedge resistance. This confirmed a trend reversal and sparked bullish continuation. Prices surged from under $1,800 to $2,855 in just two weeks. Moreover, the breakout signaled a shift in sentiment. Since then, Ethereum has traded in a higher range between $2,350 and $2,855.

Golden Cross Setup Confirms Bullish Structure

On the daily chart according to analyst Ash Crypto, Ethereum’s 50-day EMA rising toward the 200-day EMA (white). This setup points to a golden cross. Historically, this pattern has triggered strong upside moves. In December 2024, a similar crossover led to a 35% rally in under a month.

Currently, the EMAs are converging near the $2,443 level. This region now acts as a dynamic support. Ethereum bounced from this level in early June and continues to hold above both EMAs. Consequently, this structure supports further gains

Source: Ash Crypto

Additionally, price resistance lies around $2,900. A clean break above this level could trigger a surge toward $3,500 and beyond. The final projection for this bullish leg targets the $4,000–$4,200 range.

Momentum Holds as Support Remains Strong

Ethereum’s price behavior since May has reflected strength. No major breakdown has followed the recent trendline breakout. The consolidation between $2,350 and $2,855 suggests healthy accumulation. Besides, technical strength remains intact as long as $ETH stays above $1,802.

The post Ethereum Eyes $4,000 After Breakouts and Golden Cross Setup appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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