Ethereum's prolonged consolidation phase may soon give way to a significant rally, according to a TradingView analyst. The analysis suggests that Ethereum could see a 100% price increase in 2026, based on historical price patterns and technical indicators. The cryptocurrency has been trading within a wide range for nearly six years, with resistance between $4,500 and $4,900 consistently capping upward movements. The analyst highlights two key historical breakout points: one in early 2017, leading to a 7,500% surge, and another in mid-2020, resulting in a 1,900% rally. Currently, Ethereum is forming an ascending triangle pattern on the monthly chart, with support around the $2,000 level. A successful breakout above the $4,500 resistance could trigger the anticipated 100% rally, marking a significant bullish phase for Ethereum in 2026.
Ethereum Poised for 100% Rally in 2026, Analyst Predicts
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