<ul><li>According to analyst Ali Martinez, Ethereum (ETH) may be heading to $1,250 as it risks breaking down from a parallel channel.</li><li>Crypto analyst Daan Crypto Trades suggests a trend reversal might be on the horizon for Ethereum, as it has formed a falling wedge pattern on the hourly chart.</li><li>Crypto trader Merlijn The Trader and analyst Ted draw parallels between Ethereum’s current price action and previous bullish rallies, pointing towards potential positive momentum in the future.</li><li>Ethereum is currently trading at $1,933, showing signs of a possible recovery after entering an oversold zone.</li></ul>

Ethereum Headed For $1,250 Or Ready For A Reversal? Analysts Weigh In

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