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by: xpoolPosted on: May 3, 2025

Ethereum Charts New Path After Breaking Out of 5-Month Wedge

Ethereum has shattered a five-month resistance pattern, signaling a potential shift towards bullish momentum. The breakout is reflected by the asset’s Golden Cross near $1,700, reinforcing early signs of bullish movement. This move coincides with strong RSI momentum that suggests further price increases and targeting key resistance zones up to $3,500.

Related posts:

  1. Technical Analysis of Bitcoin, Ethereum, and XRP – A Bitop Review
  2. Ethereum Faces Threat of Plunge Below $1,000 as Price Range Tightens
  3. Ethereum Forms Ascending Triangle: Could a Bullish Breakout Be Near?
  4. Ethereum Charts Show Signs of Potential Mid-Term Rebound
Cryptocurrency Ethereum Technical Analysis

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