Ethereum Price Prediction: Is ETH’s Triangle Breakout to $2,150 Coming or Is the ETF Reversal a Warning Sign?
Share:
Ethereum trades at $1,889.44 on August 12, up 0.46%, compressing inside a 4-hour triangle with a bullish breakout target near $2,150 and downside support around $1,837 (0.382 Fib). Spot ETH ETFs logged outflows of $14.59M and $1.76M over the last two days, snapping five weeks of inflows and leaving weekly ETF flows at -$16.35M through two sessions, a modest but negative signal for token performance and crypto market sentiment.
Predictions Markets
See what traders are focused on
- ETH trades at $1,889.44 on August 12, up 0.46%, compressing inside a triangle on the 4H chart with a breakout above $1,950 targeting $2,150
- Spot ETH ETFs logged $1.76M in outflows on August 11 and $14.59M the day before, snapping five consecutive weeks of net inflows
- The weekly ETF flow has turned negative at -$16.35M through two sessions, though three days remain and outflow magnitude stays modest
The Ethereum price prediction points to $2,150 on the bullish side and $1,837 on the bearish side, with ETH trading at $1,889.44 today as a bullish triangle compresses on the 4H chart toward a breakout decision.
Ethereum Price Analysis: ETH Holds $1,889 as a Triangle Breakout Loads
ETH is holding between the 0.382 Fibonacci at $1,837.76 and the 0.5 level at $1,939.99, with the descending trendline from the May peak near $2,37…
Read The Full Article Ethereum Price Prediction: Is ETH’s Triangle Breakout to $2,150 Coming or Is the ETF Reversal a Warning Sign? On Coin Edition.
Read More
TRON Price Prediction: Can $2.1T USDT Activity Lift TRX?
