Ethereum Price Prediction: ETH Near Important Cycle Turning Point
Ethereum is sitting near a key long-term support area, while two charts point to the same major question: can ETH hold the range before another cycle move starts? Crypto Patel highlights an accumulation zone between $1,600 and $2,000, while Investor Jordan says ETH could still retest the lower logarithmic trend line near $1,400. Ethereum Price Chart Shows Accumulation Zone as ETH Holds Long Term Rising Channel Ethereum is trading near the lower part of a long term rising channel on the two week chart shared by Crypto Patel. The chart shows ETH near $2,093, after dropping around 11.69% in the latest two week candle. The price also touched a low near $2,006, placing Ethereum close to the marked accumulation area. Ethereum Accumulation Zone Chart. Source: The main green zone on the chart sits around the $1,600 to $2,000 area. Crypto Patel labels this range as the accumulation zone, where buyers may look for long term entries if ETH continues to hold the structure. A lower green band marks strong support near the $850 to $1,000 range. That area sits below the current accumulation zone and works as the deeper support level on the chart. The broader setup still follows a rising blue channel that began after Ethereums