Ethereum Price Prediction: Analysts Predict Breakout as U.S. Tax Exemption Boosts Confidence

• Ethereum price holds $4,509, with buyers testing the $4,560 resistance that has capped rallies since August.
• U.S. Treasury exempts ETH from 15% corporate tax, boosting confidence in institutional adoption.
• On-chain flows show $22.4M net outflows, signaling mild accumulation but uneven conviction.

Ethereum price today is trading at $4,509, recovering momentum after bouncing from the $4,307 support zone. Buyers are pressing against a descending resistance line near $4,560, which has capped multiple attempts since August. The market focus now shifts to whether ETH can break this ceiling or slip back toward deeper support levels.

Ethereum Price Holds Triangle Structure

The daily chart shows Ethereum coiling within a symmetrical triangle pattern. Support is anchored by the rising trendline from April, converging with th…

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