Why ETH Could Rally to $3,000 Before an October Sell-Off
2 extracted signals · 0 resolved · 2 still active
More Crypto OnlineIndependent analyst profile- Source published
- 19 Sept 2026, 07:15 UTC
- Recorded by Tahlil Plus
- 19 Sept 2026, 07:36 UTC
AI-generated source summary
The analysis focuses on Ethereum (ETHUSD) and its performance against Bitcoin (ETHBTC). For ETHUSD, the daily chart shows a bullish trend within an upward channel. The price is expected to continue higher, potentially reaching $3000 in the coming weeks or by year-end, before a deeper pullback. A failure below the channel's lower boundary, around $2350, would invalidate this bullish outlook. The ETHBTC pair also shows a bullish trend on the daily chart, attempting to break above a descending trendline. The current price is approximately 0.03277 BTC, with a target of 0.03619 BTC. A break below the support zone of 0.02997 BTC would invalidate the bullish case for ETHBTC, suggesting a potential retracement to lower Fibonacci levels before a possible continuation of the upward trend. The short-term analysis on ETHUSD highlights a potential continuation of the upward move, with key resistance levels identified at $2700 and $2800, and the previous swing high from April acting as a potential support zone around $2400-$2450.
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