Ethereum price consolidates before a 34% breakout

  • Ethereum price faces a decisive moment as it coils up inside a symmetrical triangle.
  • Investors can expect a 34% move in either direction, considering the ambiguous nature of the setup.
  • A move to the upside seems unlikely due to the presence of multiple resistance barriers.

Ethereum price action shows an interesting setup that forecasts the possibility of a massive move in both directions. However, considering the technical aspects, the probability of a down move…


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