Ethereum: Double Dip Pattern Ignites 2026 Rally

Ethereum completed the identical double dip pattern that fueled last year's explosive rally, with @TATrader_Alan confirming the structure now pumping in 2026.

Price trades at $2494.24 inside Bollinger Bands with upper resistance at $2520.5, while the bullish EMA50 at $2258.62 and EMA200 at $2013.49 anchor the trend; despite MACD death cross at 70.6 and RSI(14) overbought at 70.28, institutional flows favor continuation after any retracement to the 50-EMA before the next leg higher, aligning with Ethereum double dip pattern historical performance and technical analysis double dip pattern cryptocurrency rallies.