Exciting developments are underway for Ethereum (ETH), with key signals emerging on both ETH/BTC and ETH/USD pairs.
ETH/BTC Pair:
On the right-hand chart, ETH/BTC is making a notable attempt to reclaim the range low at 0.05579. If successful, this move could potentially trigger a breakout for ETH/USD.
ETH/USD Pair:
On the left-hand side, ETH/USD is exhibiting an ascending triangle pattern, characterized by higher lows and equal highs. The critical level to watch is the $2,130 mark. A sustained close of daily candles above this level is seen as a confirmation of the breakout for ETH.
Price Target:
If the breakout is confirmed, ETH has a measured move upward to $3,300, representing a substantial 56% potential gain.
ETH/BTC Pair:
On the right-hand chart, ETH/BTC is making a notable attempt to reclaim the range low at 0.05579. If successful, this move could potentially trigger a breakout for ETH/USD.
ETH/USD Pair:
On the left-hand side, ETH/USD is exhibiting an ascending triangle pattern, characterized by higher lows and equal highs. The critical level to watch is the $2,130 mark. A sustained close of daily candles above this level is seen as a confirmation of the breakout for ETH.
Price Target:
If the breakout is confirmed, ETH has a measured move upward to $3,300, representing a substantial 56% potential gain.
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