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by: xpoolPosted on: May 30, 2025

Ethereum Faces Resistance at $2,720 as Ascending Triangle Formation Develops

Ethereum’s price is approaching a key resistance level of $2,720, marked by an ascending triangle formation on the 12-hour chart. Analysts observe this pattern indicating potential for further upside if confirmed, but a breakout above $2,720 is crucial to validate this bullish outlook.

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