<ul><li>Ethereum is currently showing a potential breakout from a bull flag pattern on the daily chart.</li><li>Several resistance levels at the flag’s top are being encountered, but moving averages suggest strong bullish potential for ETH.</li><li>Analysts recommend waiting for a confirmed breakout before considering further investments in Ethereum.</li><li>The formation of the bull flag pattern in mid-April indicates a potential continuation of the upward trend for Ethereum.</li></ul>

Ethereum May Soon Break Out of a Bull Flag Pattern Shown on its Daily Chart

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