Ethereum Price Approaches Key Make-or-Break Zone
Visit this link to make money with bitcoin and other cryptocurrencies. Receive daily altcoin signals with the best crypto trading startegy – https://telegram.me/freecryptosignalsdaily A sustained move above realized price could shift market behavior by returning a large portion of holders to profit. Ethereum (ETH) is sitting at a crossroads that, according to a popular analyst, could define the next major chapter for the second-largest cryptocurrency. That call landed as the asset slipped almost 4% in 24 hours, failing at the $2,400 range while facing growing pressure from short sellers betting against a near-term recovery. What the Weekly Chart is Telling Us Crypto analyst EGRAG CRYPTO posted a detailed breakdown on X on Thursday, arguing that ETH has spent a significant period compressing inside what he describes as a “massive Ascending Triangle structure” on the weekly timeframe. The asset has continued to respect what he calls the macro “ETH Line,” a long-standing support level tha...