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Ethereum Price Prediction: Extremely Strong Support And Monthly 55 EMA Says ETH Is Headed For $4,867

  • Ethereum may soon break above its all-time high of $4,878 based on multiple technical indicators.
  • Ethereum is positioned at a key inflection point, trading just above a multi-year support trendline, with historical rebound potential.
  • The support trendline is reinforced by Fibonacci levels and the monthly 55 Exponential Moving Average (EMA).
  • The formation of an ascending triangle pattern suggests a higher probability of an upward breakout for Ethereum, targeting $4,867.

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