Ethereum Poised to Resume Uptrend As Crucial On-Chain Metrics Turn Bullish
Ethereum entered a consolidation period over the past week that has led to the formation of a descending triangle on its 4-hour chart. A horizontal trendline developed along with the swing lows while a descending trendline formed along with the swing highs.
The continuation pattern estimates that a spike in demand for Ether that allows it to break above the hypothenuse could propel its price to…
