ETH Going to $16K in This Cycle? Analyst Explains Why This Could happen
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Ether (ETH) hovered near $3,800 on Thursday as increasingly bullish price targets circulated on crypto social media, including one analyst who outlined a case for $16,000 based on long-term technical setups and sustained institutional inflows. "Edward", a popular chart analyst on X, argued in a Thursday post that a five-digit ether price is now within reach, pointing to a “clean ascending triangle” formation on the monthly ETH chart. This structure, commonly seen as a pre-breakout pattern, mirro...
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