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Ethereum’s...
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TronWeekly

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Ethereum’s Head & Shoulders Pattern Hints at Price Discovery Soon

  • Ethereum's native token, Ether, has slid 3.22% in the past 24 hours to settle at $3,210.
  • Whales have accumulated 330,000 ETH since January 7, totaling over $1.08 billion, indicating a potential rally.
  • Analysts see bullish signals, citing an inverse head-and-shoulders pattern inside an ascending triangle pattern.
  • Market analysts anticipate Ethereum to overcome resistance at $4,100 and potentially reach the $5,000 milestone.

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