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Here’s Why Ethereum Price May Hit $10,000 This Cycle

From moneycheck.com

Ethereum price has followed a clear upward channel over the years. The chart, spanning several years, shows its price action against the U.S. Dollar with 3-week candlesticks. The main feature is an upward-sloping channel marked by parallel yellow lines. This channel has been a reliable guide, signaling Ethereum’s bullish trajectory. The price movements have consistently respected the channel’s boundaries. Recently, however, volatility has increased, particularly near the channel’s upper limit. This suggests Ethereum may be approaching a critical turning point. Ethereum Price Momentum Suggests a Breakout Ahead ... (full story)

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  • Category: Technical Analysis