Here’s why some Ethereum traders expect ETH price to hit $16K this cycle
Ethereum price is painting an ascending triangle pattern breakout with a price target of around $16,700.
Key takeaways:
Ether runs into resistance at $4,000, but strong technicals and rising institutional demand could drive ETH into price discovery.
Ether’s ascending triangle pattern targets an ETH price of as high as $16,700.
