Ethereum is trading above EMA8, EMA13, EMA21, EMA34, and EMA55 now on the daily time frame. This is a full confirmation of the upward movement. The recent and long-term moving averages, EMA34 and EMA55, are being overcome today as resistance with a full green candle. This full green candle appears after three consecutive green days.
Ethereum is currently trading at its highest price since November 13, and the current signal indicates a confirmation of recovery and the continuation of the upward movement that began on November 21.
This is the first time Ethereum has turned bullish from a major low since June 22, 2025, 170 days ago.
The last bullish wave lasted 63 days, from June 22 to August 24. It can give us an early idea of what to expect now. Half the time only means bullish activity until December 21. Double that means bullish activity until March 21, 2026. The bullish wave can easily last between 1-3 months.
Based on the movement we see across small altcoins, the bullish wave could extend and last five months. This may not necessarily happen for Ethereum as it is a really big project, but pay attention to small altcoins, they can really grow strong.
Expect a new all-time high, easily, and even higher prices in the coming months.
We are heading upwards. The bullish trend has been fully confirmed. This is the final confirmation. From now on, you can sit back and relax as you watch your capital grow. The market is turning green after a very strong downturn. The market will look for balance by producing very strong growth.
Remember that we have a very strong low. This means we are entering the fifth wave of this bullish cycle. The fifth wave is the speculative wave. In this wave, we can expect a parabolic rise, the famous recovery that has been long awaited.
Ethereum could peak around $6,400, just as it could reach $8,800, $10,000 or more. Based on early information, it will exceed $8,000 but could do better. This bull market should be stronger than in 2021.
Thank you very much for your continued support.
Namaste.
✅ Trade here on $ETH