The Ethereum (ETH) price has broken out from a long-term resistance line, indicating that it has begun a bullish trend. However, the upward move is showing considerable weakness. A short-term retracement could occur before the price resumes its upward move. Ethereum's Breakout Ends Long-Term Correction On July 6, the Ethereum price broke out from a descending resistance line that had
Ethereum’s Swift Rally Shows Weakness After Failing to Reach $350
-The Ethereum price is trading inside a short-term symmetrical triangle.
-There is support at $307 and $285.
-ETH/BTC has completed an evening star pattern.
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