Technical analysis suggests Ether (ETH) could be poised for a breakout towards new all-time highs.
Over the past week, ETH surged over 27%, successfully turning key resistance areas into support. This price action coincides with a breakout from a falling wedge chart pattern, traditionally seen as a bullish reversal indicator.
Could ETH finally flip the $4,000 psychological mark into a reliable support level?
#Ethereum #ETH #Cryptocurrency #TechnicalAnalysis #Bullish #Breakout