HISTORY REPEATS ITSELF?
Technical analysis of the $ETH chart shows that it is most likely in the ascending stage.
After the ATH ($ 4890) in November 2021, the price of #ETH fell sharply and maintained a bearish trend for almost 7 months. Then a gradual recovery stage began and in March 2024 it reached $ 3892 over the past 2.5 years. Since the end of March of this year, the price has fallen again by almost 43%.
This is already the sixth month of the downward trend.
Well, is it time for the bulls?
#ETH đ„đ„đ„
P.S.
In our next posts we will present other reasons for the expected rise of $ETH and its ecosystem as a whole.
Oh, and by the way, over the last 24 hours #ETHđ„đ„đ„ has risen by almost 2%.