LIVEđ„ETHEREUM UPWARDS SPIKE INCOMINGđ„
Through the use of chart analysis, we can determine that the price of $ETH is going to experience a rather major increase in the coming weeks.
If you look over at the 2 parallel lines towards the bottom of the chart, you will see that since 2022 the price of Ethereum has stayed within those 2 lines, but the token has just recently broken out of these 2 parallel lines a few days go, not to mention the multiple resistance barriers the token has recently broken through. The line in the middle is the most recent resistance barrier the token has passed and the highest line is the next resistance barrier.
If the tokens price were to go down, it is highly unlikely that the price would fall lower then the middle line, making the risk to reward ratio heavily in our favor. If the price goes up, which is VERY likely, then theres nothing stopping it from continuing to rise all the way until it reaches the top line (the next resistance barrier).
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