Ethereum mirrors stocks as ETH price chart hints at ‘final surge’ to $8K
Ether’s current structure mirrors the Dow Jones’ 1980 bull run, with technical patterns reinforcing the ETH price rally outlook.
Ethereum mirrors stocks as ETH price chart hints at ‘final surge’ to $8K
Key takeaways:
Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern.
The pattern is strikingly similar to Dow Jones’ bullish structure from 1980.
Other indicators also hint at gains in Ethereum markets in the coming months.
Ethereum’s native token, Ether
ETH
$3,815
, is on the verge of a “final surge” toward $8,000, said analyst Gert van Lagen, who pointed to a striking resemblance between ETH’s current structure and a Dow Jones (DJIA) trend.
ETH
2,328.3
-3.26%