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by: xpoolPosted on: April 21, 2025

Ethereum Price Approaches Breakout: Falling Wedge Hints at Bullish Signal

Ethereum’s price is inching closer to a significant breakout above the $1,630 level, with technical indicators pointing towards a potential reversal trend. The recent formation of a falling wedge pattern suggests growing bullish momentum. While market activity remains subdued, signs of strength are evident in key metrics.

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  3. Ethereum Forms Ascending Triangle: Could a Bullish Breakout Be Near?
  4. Ethereum Price Forecast: A Potential 35% Surge on the Horizon
Cryptocurrency Ethereum Technical Analysis

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