Ethereum (ETH ($2,713.87)) $2,711 continues to move within a significant rising triangle formation that has been in place since 2018. This pattern indicates a potential critical breakout for the largest altcoin in the cryptocurrency market. Analysts predict that if the formation breaks upwards, the price could reach $11,700, bolstered by a recovery in the total market capitalization, which supports Ethereum’s upward movement.
Between 2018 and 2025, Ethereum has established a substantial rising triangle formation. This formation suggests that price movements are increasingly constricted, hinting at a robust breakout possibility. Should an upward breakout occur, the price target for the largest altcoin is anticipated at $11,700…
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