3 signs that Ethereum price will finally break $4K in June

Anticipation of potential Ether ETF approvals in June is pivotal in driving ETH’s price above $4,000, with whales accumulating and rising holding sentiment furthering the bullish outlook.

Ethereum’s native token, Ether (ETH), has rallied by circa 67% so far in 2024 and may continue its upside moves in June, per a mix of on-chain, fundamental, and technical indicators.

As of June 1, Ether had entered the breakout stage of its prevailing falling wedge pattern.

A falling wedge is a bullish reversal pattern characterized by two descending, converging trendlines. As a rule of technical analysis, this pattern resolves when the price breaks above the upper trendline and rises by as much as the wedge’s maximum height.

Read more

Anticipation of potential Ether ETF approvals in June is pivotal in driving ETH’s price above $4,000, with whales accumulating and rising holding sentiment furthering the bullish outlook.
Ethereum’s native token, Ether (ETH), has rallied by circa 67% so far in 2024 and may continue its upside moves in June, per a mix of on-chain, fundamental, and technical indicators.As of June 1, Ether had entered the breakout stage of its prevailing falling wedge pattern.A falling wedge is a bullish reversal pattern characterized by two descending, converging trendlines. As a rule of technical analysis, this pattern resolves when the price breaks above the upper trendline and rises by as much as the wedge’s maximum height.Read more