
{"id":65751,"date":"2025-05-12T16:00:23","date_gmt":"2025-05-12T16:00:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=65751"},"modified":"2025-05-12T16:00:23","modified_gmt":"2025-05-12T16:00:23","slug":"ethereum-price-completes-bullish-structure-break-3000-comes-next","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=65751","title":{"rendered":"Ethereum Price Completes Bullish Structure Break \u2013 $3,000 Comes Next"},"content":{"rendered":"<p>According to a fresh analysis by a crypto analyst,\u00a0 the Ethereum price has broken out of a months-long downtrend, <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-holds-above-1900-realized-price-signaling-long-term-bullish-confidence\/amp\/\" target=\"_blank\" rel=\"noopener\">reigniting bullish sentiment<\/a> across the market. With volume rising and key resistance levels expected to turn into support, Ethereum is set to complete its bullish structure, aiming for a <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-analyst-sets-3000-target-as-price-action-signals-momentum-details\/amp\/\" target=\"_blank\" rel=\"noopener\">potential break toward $3,000<\/a>.\u00a0<\/p>\n<h2>Ethereum Price Targets $3,000 Breakout<\/h2>\n<p>The <a href=\"https:\/\/bitcoinist.com\/ethereums-worst-chart-ever\/amp\/\" target=\"_blank\" rel=\"noopener\">Ethereum price action<\/a> on the 4-hour chart has reportedly flipped bullish, following a sharp breakout above a long-standing <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-breaks-out-of-descending-triangle-pattern-fakeout-or-recovery-rally\/amp\/\" target=\"_blank\" rel=\"noopener\">descending trendline<\/a> that capped its movements since late 2024. As a result, a pseudonymous TradingView crypto analyst identified as \u2018Orihadad66\u2019 has <a href=\"https:\/\/www.tradingview.com\/chart\/ETHUSDT.P\/C0Zpzyrx-ETH-Breakout\/\" target=\"_blank\" rel=\"noopener\">predicted<\/a> that Ethereum could soon see a surge to $3,000.\u00a0<\/p>\n<p>The analyst explains that Ethereum\u2019s recent <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-holds-above-1900-realized-price-signaling-long-term-bullish-confidence\/amp\/\" target=\"_blank\" rel=\"noopener\">shift from bearish to bullish<\/a> wasn\u2019t a subtle move, as a high-volume candle had pierced through both the trendline and the $2,100 \u2013 $2,150 resistance zone, confirming a clearer shift in market structure. This breakout is significant, as it marks the first time Ethereum has invalidated the broader bearish pattern that dominated the early part of 2025.\u00a0<\/p>\n<p>The $2,100 \u2013 $2,150 area now acts as a <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/analyst-reveals-key-ethereum-support-zone-amid-4000-price-struggle\/amp\/\" target=\"_blank\" rel=\"noopener\">potential support zone<\/a> for its price, and a successful retest would solidify it as a launchpad for further upside. Orihadad66 has confirmed that the immediate <a href=\"https:\/\/bitcoinist.com\/ethereum-analyst-sets-12000-target-fundamentals-signal-a-bullish-phase\/amp\/\" target=\"_blank\" rel=\"noopener\">bullish target for Ethereum<\/a> lies between the $2,500 \u2013 $2,550 price range. Historically, this region has been a key liquidity zone where previous price rejections frequently occurred. This makes the zone a potential profit-taking area as <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-consolidates-as-accumulation-trend-develops-new-bullish-phase-ahead\/amp\/\" target=\"_blank\" rel=\"noopener\">ETH consolidates<\/a> post-breakout.\u00a0<\/p>\n<p>Technical projections suggest that Ethereum may briefly pull back toward the $2,350 \u2013 $2,400 range to form a potential higher low. If this pullback holds, bulls could drive <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-will-drop-before-the-next-leg-up-analyst-sets-target\/amp\/\">the next leg up<\/a> toward $2,800 \u2013 $3,000 \u2014 a confluence zone that includes both a supply barrier and <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-breaks-key-resistance-in-one-massive-move-higher-high-confirms-momentum\/amp\/\" target=\"_blank\" rel=\"noopener\">psychological resistance<\/a>.<\/p>\n<p>Furthermore, the TradingView analyst has predicted that a clean break above $3,000 could open the door to the $3,300 \u2013 $3,600 supply block, potentially triggering a larger <a href=\"https:\/\/www.newsbtc.com\/news\/ethereum\/ethereum-trend-reversal-at-stake-2300-emerges-as-the-most-crucial-resistance\/amp\/\">bullish trend reversal<\/a>. With Ethereum currently trading at $2,544, a surge to $3,000 or even $3,600 would represent a 17.9% and 41.5% increase, respectively.\u00a0<\/p>\n<h2>Bullish Thesis At Risk Below $2,100<\/h2>\n<p>While the analysis published by Orihadad66 has highlighted Ethereum\u2019s almost completed <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-loses-steam-1550\/amp\/\" target=\"_blank\" rel=\"noopener\">bullish structure<\/a> and potential breakout target, the setup also comes with a clear invalidation level. The TradingView analyst has warned that a 4-hour candle close below the $2,100 support zone or a breakdown beneath the reclaimed descending trendline would signal weakness, potentially nullifying the bullish thesis.\u00a0<\/p>\n<p>Such a move would suggest that the recent breakout was a false one, possibly a liquidity grab that could open the door to increased selling pressure. The analyst has suggested that traders should monitor price action around the $2,100 level. Until this invalidation point is reached, the analyst\u2019s projected breakout, retest, and continuation scenario remains the dominant roadmap.<\/p>","protected":false},"excerpt":{"rendered":"<p>According to a fresh analysis by a crypto analyst,\u00a0 the Ethereum price has broken out of a months-long downtrend, reigniting bullish sentiment across the market. With volume rising and key resistance levels expected to turn into support, Ethereum is set to complete its bullish structure, aiming for a potential break toward $3,000.\u00a0 Ethereum Price Targets [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":65752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65751"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65751"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/65752"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}