Ethereum Could Rally Sharply As Double Bottom Pattern Emerges

Ethereum Could Rally Sharply As Double Bottom Pattern Emerges

Ethereum 13

Ethereum declined recently, but it stayed above the key $355 support against the US Dollar. ETH price is likely to accelerate higher as it seems like a double bottom pattern is forming near $355.

  • Ethereum declined below the $370 support, but it stayed above the $355 support.
  • The price holding the main $355 support, but it is below the 100 hourly simple moving average.
  • There is a connecting…

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