After multiple attempts, Ether (ETH) finally broke above the moving averages on October 14, indicating that the bulls have won! 💪 Now, the ETH/USDT pair is challenging the resistance line of the symmetrical triangle. Sellers are expected to push hard at this level to prevent further gains. ⚔️
If buyers manage to break this resistance, the pair could rally to $2,850 with a potential to reach $3,400. 📈 However, if the price faces a sharp rejection from the resistance line and drops below the moving averages, the bears could remain in control. 🐻 This could keep Ether trapped inside the triangle pattern for a few more days. ⏳
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