{"id":66589,"date":"2026-01-19T14:09:48","date_gmt":"2026-01-19T14:09:48","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-confirms-bullish-breakout-as-on-chain-metrics-support-more-upside\/"},"modified":"2026-01-19T14:09:48","modified_gmt":"2026-01-19T14:09:48","slug":"ethereum-price-confirms-bullish-breakout-as-on-chain-metrics-support-more-upside","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/ethereum-price-confirms-bullish-breakout-as-on-chain-metrics-support-more-upside\/","title":{"rendered":"Ethereum price confirms bullish breakout as on-chain metrics support more upside"},"content":{"rendered":"

(Originally posted on : Ethereum News, Latest Stories & Analysis | Invezz )<\/b>
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Ethereum price has broken out of a symmetrical triangle pattern, suggesting the token could be poised for a strong upside in the coming days. <\/p>\n

Renewed demand from institutional investors and bullish on-chain metrics have added another layer of optimism for the token.<\/p>\n

According to data from CoinGecko, Ethereum (ETH) price was exchanging hands at $3,357 at press time<\/p>\n

The largest altcoin with a market cap of $405.2 billion when writing had rallied nearly 7.9% over the past week and 21% from its December low.<\/p>\n

Ethereum price rallied as investor sentiment around the token turned bullish after it formed a bullish setup on charts. <\/p>\n

Strong growth in its ecosystem and bullish on-chain metrics have also attracted investor attention.<\/p>\n

Per data<\/a> from SoSoValue, spot Ethereum ETFs drew in $310 million in net inflows so far this week, marking their highest weekly inflows recorded since December. <\/p>\n

This renewed demand from institutional investors will not be lost on retail eyes, who often interpret these allocations<\/a> as a signal to re-enter the market or solidify their long-term conviction.<\/p>\n

The total number of daily active addresses on the Ethereum blockchain has bumped nearly 40% over the past week.\u00a0<\/p>\n

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Ethereum daily active addresses. Source: Nansen<\/a><\/p>\n

Large-scale accumulation by corporate treasuries like BitMine<\/a> and a record level of staked ETH have also lowered the amount of tokens circulating freely in the open market and thereby have reduced selling pressure across the ecosystem. <\/p>\n

At press time, nearly 36 million ETH or 30% of the total circulating supply was locked in the Beacon Chain deposit contract.<\/p>\n

From a macroeconomic standpoint, the latest reading from US CPI data, which came out slightly cooler than expected, has also boosted the odds of the Fed cutting rates over the coming months.\u00a0<\/p>\n

Ethereum and other major cryptocurrencies have historically rallied when the Fed\u2019s stance took a dovish pivot<\/a>, as lower interest rates generally increase global liquidity and drive investors toward higher-growth risk assets.<\/p>\n

Ethereum price analysis<\/h2>\n


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On the daily chart, the Ethereum price has confirmed a bullish breakout from a symmetrical triangle pattern.\u00a0<\/p>\n

\"ETH
ETH price has broken out of a symmetrical triangle pattern on the daily chart. Source: TradingView<\/a><\/figcaption><\/figure>\n

When an asset breaks out from the upper trendline of such a pattern, as ETH did, it is usually followed by a sharp rally, which is usually calculated by measuring the height of the largest swings recorded within the formation.<\/p>\n

Calculating the distance from the initial support to the peak of the triangle, that puts the target at $4,288, a level that aligns with the highs seen in October 2025.\u00a0<\/p>\n

At press time, the target is nearly 27% above the current ETH price of approximately $3,357. <\/p>\n

The projected move would represent a significant recovery of the value lost during the late-year consolidation phase.<\/p>\n

A bullish double bottom pattern was also observed on the chart as technical indicators like the MACD and Supertrend confirmed the bullish bias for the asset.\u00a0<\/p>\n

This classic reversal formation suggests that the price has successfully tested and established a firm floor, providing the momentum needed for a sustained move higher.<\/p>\n

The MACD has recently completed a bullish crossover below the zero line, while the Supertrend indicator has flipped green to signal a shift in the prevailing market trend.\u00a0<\/p>\n

These combined technical signals reinforce the growing confidence among traders that the recent consolidation phase has concluded and a fresh leg of the rally is now underway.<\/p>\n<\/p><\/div>\n

Source link <\/a>
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(Originally posted on : Ethereum News, Latest Stories & Analysis | Invezz ) Ethereum price has broken out of a symmetrical triangle pattern, suggesting the token could be poised for a strong upside in the coming days. Renewed demand from institutional investors and bullish on-chain metrics have added another layer of optimism for the token. […]<\/p>\n","protected":false},"author":3947362366,"featured_media":66590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[37],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66589"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362366"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=66589"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/66589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/66590"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=66589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=66589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=66589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}