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Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst

  • Ethereum has been consolidating below key resistance levels, raising concerns about its ability to recover.
  • Some analysts believe Ethereum could be preparing for a bullish move and forming a symmetrical triangle pattern.
  • If Ethereum successfully breaks above the $2,800 resistance level, it could trigger a strong rally towards $3,000.
  • Failure to hold support may result in further downside and increased selling pressure on Ethereum.

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