😍😍😍 #Ethereum✅ Charts Hint at Potential Highs Next Week

Ether ($ETH ) appears to be on the brink of a significant price move, with some analysts suggesting a retest of its all-time high is possible within the next week. ETH’s record peak of $4,878 was last reached in November 2021.

Bankless podcast host Ryan Adams speculated in a Dec. 9 post on X that a new all-time high “could happen” soon. With Ether currently priced at $3,881, a 26% gain over the next seven days would be needed to achieve this milestone, according to CoinMarketCap data.

Crypto trader Pentoshi also noted Ether’s ongoing “structural changes” and highlighted the influence of increasing ETF flows. In a Dec. 9 post to his 830,900 followers, he pointed out that Ether recently marked its highest weekly close of the year, adding that its path to the all-time high appears largely unobstructed. “Above that is clear skies,” he said.

Another trader, Poseidon, echoed the bullish sentiment, predicting significant upside potential. “ETH is about to break out of its 4-year, 1,460-day range to the upside,” he stated.

This optimism follows Ether’s recent breakout above $4,000 for the first time since March 2024. Analysts have also suggested that ETH’s underperformance against Bitcoin may be ending. Into The Cryptoverse founder Benjamin Cowen shared on Dec. 4 that ETH/BTC is likely poised for gains over the next 6-12 months.

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