A prominent crypto analyst predicts that Ether (ETH) could soar by as much as 97% in the coming months, fueled by a compelling chart pattern.
Pseudonymous analyst Venturefounder highlighted a 3-year cup-and-handle formation that appears to be nearing its completion. If ETH successfully holds the $3.8k level as support, it could trigger a significant price surge.
Venturefounder has set ambitious price targets for Ether:
1st Target: $5,349
2nd Target: $6,457
3rd Target: $7,238
This final target, representing a near doubling of ETH's current price, is anticipated to be reached by the end of the first quarter of 2025.
Highly recommend HOLD $BTC $ETH and Staking for more earning at Binance
