$ETH quick Analysis : ⬇️
Ether is forming a symmetrical triangle pattern, indicating market indecision about the next trend.
If the bulls push the price above the moving averages, the ETH/USDT pair could rise to the pattern's resistance line. Sellers will try to keep the price within the triangle, but if the bulls win, ETH could break through to $4,000, then move toward the pattern's target at $4,386.
Conversely, if the price reverses downwards from the moving averages and breaks the support line, the advantage will shift to the bears. In that case, ETH could plummet to the $2,111 region.
ETH
2,976.38
-1.82%