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Ethereum Signals Uptrend With Key Candlestick Pattern, Could A Rally Follow?

  • Ethereum has faced bearish movements in the crypto market but a key Morning Star Candlestick pattern suggests a potential rally.
  • Crypto Bullet, a technical analyst, predicts a possible rebound for Ethereum as it closed May on a bullish note and formed a Morning Star Candlestick formation.
  • The Morning Star pattern indicates a shift from a bearish to a bullish trend, hinting at a positive run for Ethereum despite current market conditions.
  • ETH broke past $2,500, considered a key resistance level, with expectations of reaching $3,300 soon according to Crypto Bullet's analysis.

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