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ETH Breaks Historical Barriers, Is the Market Awaiting a Major Bull Wave?
Ethereum (ETH) has
Technical analysis and price forecast
1. Long-term symmetrical triangle broken
• ETH has broken through the resistance level of $3,800, completing a symmetrical triangle pattern on the weekly chart.
• Current price is approximately $3,669, up 47% just in November.
• Analyst Quinten Francois calls this the awakening of Ethereum after a period of hibernation.
2. “Cup and handle” pattern
Technical analysis and price forecast
1. Long-term symmetrical triangle broken
• ETH has broken through the resistance level of $3,800, completing a symmetrical triangle pattern on the weekly chart.
• Current price is approximately $3,669, up 47% just in November.
• Analyst Quinten Francois calls this the awakening of Ethereum after a period of hibernation.
2. “Cup and handle” pattern
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We must agree that we have entered the Altcoin season. Even XRP with a market capitalization of tens of billions of dollars is still x3x4 as usual to approach $ETH , so why shouldn't we place our trust in ETH?
This market season is very frustrating as it pushes $BTC close to 100k, but ETH has not yet returned to its old peak of 4k8. However, in my opinion, this is a trick to make weak hands eager to jump to other coins. When that happens, the market will pump hard and will never return below the price of 4k again.
Therefore, ETH Hodlers, stay strong and don’t rush, hold your ETH tight. Who knows, one day you might wake up surprised by the amount of assets in your wallet.
This is not investment advice$ETH $ETH
This market season is very frustrating as it pushes $BTC close to 100k, but ETH has not yet returned to its old peak of 4k8. However, in my opinion, this is a trick to make weak hands eager to jump to other coins. When that happens, the market will pump hard and will never return below the price of 4k again.
Therefore, ETH Hodlers, stay strong and don’t rush, hold your ETH tight. Who knows, one day you might wake up surprised by the amount of assets in your wallet.
This is not investment advice$ETH $ETH
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$ONDO continuously trading in the range of 0.80 to 0.95. Waiting for cash flow at 0.87 and 0.83 to go long
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So should we hold to the moon, bros?