Crucial Decision: Buy Signal or Miss Out on 60% Ethereum Rally

Ethereum price dilemma or buy signal before 60% rally

Part:

  • The Ethereum price is consolidating on the weekly chart within an ascending triangle.
  • A successful breakout from this setup predicts a 43% increase to $2,943.
  • But ETH could gain an edge and reach the MRI resistance level at $3,186.

The price of Ethereum (ETH) is showing a tightening of multi-month consolidation. A breakout from this sideways move could trigger a volatile move up.


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This publication is initially crafted on: 2023-11-19 18:09:27. Discover more information on this page: www.fxstreet.com.

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