Ethereum ready to explode $ 4,000 by Peter Brandt

Ethereum is going to explode? Peter Brandt, known for the predictions of reducing, will change the course. Its technical analysis reveals a powerful bull signal, indicating a possible ” Lunar ». With a symmetrical triangle in the formation, the rupture of resistance could move ETH to $ 4,000.

Ethereum: Chartist character with high bull potential

Since 2021, the Ethereum has been developing in the symmetrical configuration of the triangle, the classic figure often announces a strong directional output. Peter Brandt, accustomed to reducing projections to ETH, now considers it a big opportunity up. Support is around $ 2,150, zone tested several times. Upper resistance, in access, would be a trigger point of possible ” Lunar ».

In the case of a confirmed break:

• The first goal would be an area of ​​$ 3,500;
• The second goal, Brandt, exceeds $ 4,000;
• The growing volume strengthens the credibility of the upcoming movement.

Peter Brandt: From a script down to a strategic turn

Peter Brandt has long been considered one of the most uncompromising Ethereum detectives, still recently focused on abysmal levels below $ 800. His turn is surprising: the analyst now sees potential explosion. The decreasing triangle therefore retreated to the bright upper figure. For Brandt, ETH no longer bury, but watch carefully.

Especially because Ethereum earned more than 30 % per week, overcame several temporary resistors, including a 2200 transition. If this dynamics continues:

• The $ 4,000 target becomes technically realistic;
• The triangle validation would open a long bull cycle;
• Brandt’s conversion could act as a psychological catalyst.

Raoul Pal verifies the analysis: a strong signal for ETH investors

Raoul Pal, founder of Real Vision, handed over Brandt’s analysis, provides two technical and institutional security. This sharing is not limited to a simple comment: This means implicit scenario verification that many still consider unlikely. Pal, known for his macro vision, strengthens the idea of ​​momentum favorable to Ethereum.

This analyst’s convergence has three consequences:

• Consolidation of the trust of professional investors;
• Potential increase in volume to ETH through derivative products;
• Adjusting the narration around Ethereum, which has again become a strategic contribution.

The conversion of Peter Brandt is not trivial. Provides Ethereum dynamic absence in several quarters. If the technical resistance identified, the second asset on the market crypto may start an explosive cycle and reach $ 15,000 this month. In the context, when even its most amazing critics revise their predictions, buyers now have a weight argument to focus on new heights.

Eddy S.

The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.