Ethereum is experiencing increased transaction volume and potential breakout signals, according to recent chart analyses. Transaction volume surged from 240 million in early 2024 to nearly 480 million by mid-2025, indicating heightened market activity.
Technical charts reveal a possible reversal structure, with Ethereum's price consolidating near key moving averages. An inverse head-and-shoulders pattern is forming on the weekly charts, with a rising neckline serving as resistance. The Relative Strength Index (RSI) remains near neutral, suggesting a pause in momentum as traders watch for a potential breakout.
Ethereum Transaction Volume Surges Amid Potential Breakout Pattern
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