Ethereum has been doing the polite old shuffle and showing signs that its long, sloppy sideways dance is almost over. A TradingView analyst, who apparently loves the analytical truth as much as a cat loves the sun, says the coin is stuck at the edge of a mountain ready to sprint up a cliff that could see its price leap by more than a century of percentage points in 2026.
This claim isn’t made out of thin air; it’s backed by a déjà vu of price history so familiar that even a seasoned trader will roll his eyes but still nod. Ethereum has done that, the structure looks the same, and a 100 % jump from today’s level is not just conceivable – it feels like an inevitable mischief!
Six Years of Sitting on the Couch, Watching the Stock Market Snap
Take a look at the big‑picture monthly charts. For roughly six years Ethereum has sat like a polite guest at the table, wedged between $4,500 and $4,900. Every time it tries to move past that house‑keeping boundary, you get a polite but stern return, almost like a broom closet that’s disappeared just as you thought you were getting to the exit.
To dig in, a TradingView user named Phil told us – and frankly, he could have just called a coffee break – that understanding where Ethereum is going means looking back over its entire voyage, not just the last few weeks or months. That kind of macro-octagon view isn’t common in an era of short‑term mood swings.
There are two landmark Beatles‑like moments on the monthly chart when Ethereum seemed to start a new musical phase. In early 2017, after chattering in 2016 that it wasn’t ready to leave the $40 psychological barrier, the price finally whacked that wall. It’s like a teenager finally finding the moment to raise their voice and, not surprisingly, we saw a 7,500 % rock‑star shift.
Then, in mid‑2020, after a couple of years in a falling wedge (think of a slowly slippin’, ‘Are you sure about this?’ wedge), Ethereum burst out of the lower support line and launched a 1,900 % surge. Who needs a launchpad when you have a trusty support line?
Now Where Do We Go? The Breakout Trail To A Century‑Long Rally
Each breakout was followed by a long, slow shuffle along a flat road. Ethereum is back where it was; it’s been quietly sliding under $4,900 for almost six years. Despite that, the overall bullish beat is still playing – we’re alive, apparently.
Since 2021, price corrections have stitched together higher lows, crafting an ascending triangle on the monthly timeline. Ethereum has already fallen roughly 25 % from recent highs, sort of taking a tumble on a sofa in the support area of the triangle.
Then there’s that snazzy $2,000 psychological floor that Ethereum tested just weeks ago. Think of it as the last time the bar found a brand‑new memory. Ethereum has bounced about 8 % on the monthly timeline since that low – a wholesome little lift, but the next move will echo or defy the pattern.
If this firm support holds and the bullish mood blooms anew, the road ahead looks straightforward. First, a return to the $4,500 resistance box – a blistering ascent up the triangle’s apex. Once that’s broken cleanly, the analysts predict a 100 % rally arriving inevitably in 2026.
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2026-04-29 00:40