Ethereum Rally Far From Over! Watch This Key Pattern

9:37 am, Sun, 18 September 22

Current Ethereum Data

Dominance
Price
Market Cap
Volume (24h)
1h
12h
1d
7d
1m
1y
Ethereum price prediction from a previous analysis Ethereum Testing This Major Support! Will It Hold? Watch This Key Pattern

In our previous Ethereum analysis Ethereum Testing This Major Support! Will It Hold? Watch This Key Pattern, we made a bullish prediction for the ETH price.

That bullish prediction has been playing out now for days and we believe that the ETH price rally is far from over! Right now the Ethereum price is forming a key pattern that might signal a bullish continuation in the coming days.

In this Ethereum analysis, we will be talking about this bullish Flag Pattern and the key levels we are currently watching.

To trade ETH with leverage, sign-up to Bybit right now! Bybit’s BIGGEST Bonus Campaign is now live! You can get up to a $4,450 Bonus and up to 30 days of 0% Maker fee when you sign-up and fund your Bybit account with our Bybit link

Claim up to $4450 in Bonus

100x Leverage

Ethereum Bullish Flag Pattern

Ethereum Rally Far From Over! Watch This Key Pattern playing out right now in the 15 minutes timeframe
Ethereum Rally Far From Over! Watch This Key Pattern playing out right now in the 15 minutes timeframe

This bullish flag pattern is a great indicator of a possible continuation of the Ethereum price rally. However, the pattern is still yet to be completed.

For our bullish bias on Ethereum to be confirmed, we need to see the Altcoin price breakthrough and close above this Flag Pattern in the 15 minutes timeframe.

A bullish breakout like this confirms the completion of the pattern and the possibility for us to see the ETH price rally higher in the coming days.

Ethereum Rally Far From Over! Watch This Key Pattern playing out right now in the 15 minutes timeframe
Ethereum Rally Far From Over! Watch This Key Pattern playing out right now in the 15 minutes timeframe

Ethereum Bullish Price Target

The possible price target for a move like this is the $1,519 price level. This a potential +5% rally for Ethereum and has a high probability of playing out in the coming days.

However, for this bullish prediction to remain valid, we need to see the ETH bulls come into the market and begin to push the Altcoin price higher soon!

Ethereum Rally Far From Over! Watch This Key Pattern playing out right now in the 15 minutes timeframe
Ethereum Rally Far From Over! Watch This Key Pattern playing out right now in the 15 minutes timeframe

Final Verdict!

We believe the Ethereum bullish rally is far from over! The Altcoin price is currently forming a key flag pattern in the 15 minutes timeframe.

This pattern is a bullish continuation pattern and it indicates we might see the ETH price surge higher once the pattern is completed.

So right now, we are standing aside and waiting to see this key pattern get completed in the coming days.

Claim up to $4450 in Bonus

100x Leverage

Easy Steps From Beginner To Pro Crypto Trader

You can speed up your learning journey by reading our How To Trade Bitcoin Guide. This guide is the best for crypto traders who wants to get familiar with the basics of Bitcoin trading. You can also check out our top list of Best Bitcoin Exchanges To Trade With.

PrimeXBT Covesting: Trade Hassel Free

Sign-up on PrimeXBT today to trade Bitcoin hassle-free. You can copy experienced traders and access hundreds of different strategies on the platform! Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign-up with our link  PrimeXBT Covesting

Recommended Bitcoin Trading Platforms:
★★★★★
★★★★★

Rating: 94%

Claim up to $4450 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 89%

Claim up to $4100 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.075%
Maker:
-0.025%
Wire:
Credit:
Crypto:
★★★★★
★★★★★

Rating: 91%

Claim up to $7000 in Bonus

100x Leverage

Fees:
Deposit Methods:
Taker:
0.050%
Maker:
0.050%
Wire:
Credit:
Crypto: