TradingView analyst predicts Ethereum doubles after $4,500 breakout by 2026
TradingView analyst sees 100% Ethereum rally in 2026 after six-year consolidation
A TradingView analyst says Ethereum is nearing the end of a long sideways phase. The setup points to a breakout and a 100% move in 2026 according to the post.
ETH has tracked the latest Bitcoin strength, and its range may be close to resolution per NewsBTC.
On the monthly chart, ETH spent almost six years capped by $4,500–$4,900. That zone repeatedly attracted sellers per NewsBTC.
The analyst points to two structural inflection points. A 2017 break above $40 that preceded a ~7,500% rally. And a mid‑2020 breakout from a falling wedge that ran ~1,900% source: TradingView. A broader historical context supports the bullish case per Bitcoinist.
Since 2021, corrections formed higher lows. The monthly structure looks like an ascending triangle with support building into the range per TradingView.
NewsBTC notes aggressive dip‑buying into support after a ~25% pullback from recent highs, easing bearish momentum source.
Next, the analyst looks for higher‑low confirmation and a push away from support before a breakout attempt per NewsBTC.
- First target: retest $4,500 resistance source
- Trigger: clean break above $4,500–$4,900 to complete the ascending triangle source
- Outcome: path mapped to a 100% rally in 2026 source
