
Ethereum’s bullish fractal pattern from 2021 consists of a five-point setup, which ETH is currently mirroring in 2024.
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Ether’s 78% price recovery since July 2022 is at risk of exhaustion due to an unconvincing volume profile.
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ETH price has repeatedly failed to break above a key trendline resistance and now Ethereum risks losing a strong technical support as well.
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