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Don’t Sweat The Dip! Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst

NewsBTC LogoNewsBTC2d ago

Don’t Sweat The Dip! Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst - NewsBTC

Quick Summary:

The Falling Wedge pattern, which occurs when the price is temporarily confined within a narrowing range, often precedes a breakout and continuation of an uptrend.$ETH Anytime now… pic.twitter.com/qF4uiWquFI — Yoddha (@CryptoYoddha) June 26, 2024 These technical indicators, along with other markers, suggest that Ethereum may already be on the verge of entering bullish territory.

With technical indicators suggesting a possible bullish reversal and the potential for significant regulatory developments, Ethereum’s future could be brighter than its current performance suggests.

Yodhha’s analysis also identifies specific price levels that, if surpassed, could lead to a significant price increase for Ethereum.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 09:35:24 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 74 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21408821

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Official Website: newsbtc.com

Update Frequency: 4 posts per day

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News Last Updated: 13 hours ago

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