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Ethereum’s Price Next Move: ETH Eyes Bullish Breakout From Key Chart Pattern

  • Ethereum’s price may transition from bearish to bullish, with a potential bullish reversal in sight.
  • The altcoin has formed a Descending Channel pattern, signaling a potential rally if it breaks above the upper trendline.
  • Short-term and long-term targets are at $2,360 and $2,560, with a potential move to $3,450 if a breakout occurs.
  • Ethereum could reach new all-time highs with an Ascending Triangle pattern identified on the weekly chart.

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