đ Ethereum Triple Bottom: Ready for a Breakout?
Ethereum's triple bottom pattern is lighting up 2024 with bullish vibes. It mirrors the 2021 setup that led to a major rally! With ETH trading around $2,314, analysts are eyeing a breakout past $2,800 â and potentially aiming for $3,500.
đ Signs of a Bullish Reversal
The triple bottom is one of the strongest indicators of a trend reversal. Ethereum's price hitting the same low three times suggests a breakout is on the horizon.
đš Key Indicators to Watch
RSI is neutral at 45.63, signaling room for upward moves. Exchange outflows also point to less sell pressure. But network growth? Still flat.
Eyes on $2,800 for the next big move! đ
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