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Ethereum Price Analysis: What’s Next for ETH After the Most Constructive Gains in Months?

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Ethereum Price Analysis: What’s Next for ETH After the Most Constructive Gains in Months?

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » ETH Ethereum is trading around $2.3k, posting its most constructive price action in months. For the first time since the correction began, ETH is showing genuine signs of a structural shift. Though the history of failed breakout attempts throughout this cycle demands that the current move be treated with measured optimism rather than outright conviction. In a notable development on the daily chart, ETH is breaking above both the long-term descending channel’s upper boundary and the 100-day MA. These two levels have capped the price action for the past six months. Therefore, the breakout, if sustained on a closing basis, w

Source: https://cryptopotato.com/ethereum-price-analysis-whats-next-for-eth-after-the-most-constructive-gains-in-months/

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