“Ethereum Is Not Dead”: Broadening Wedge Suggests Another Leg-Up Is Coming

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The analyst then noted that the Ethereum price is still progressing within a broadening wedge.  Related Reading: Analyst Says You’ll Regret Not Buying Ethereum At These Prices, Here’s Where It’s Headed Titan of Crypto also revealed that the Ethereum price just revisited the reload zone, the prime area where professionals look to long or buy back ETH.

However, at this stage, Titan of Crypto believes that the first or second scenario is the most likely.  The Biggest Hurdle For Ethereum  Crypto analyst Ali Martinez stated in an X post that the biggest hurdle for Ethereum is at $2,460, where 10.95 million investors acquired 64.52 million ETH.

The analyst highlighted a bullish pattern, which indicates that the second largest crypto by market cap could soon enjoy another leg up to the upside.  Analyst Hints Another Leg Up For Ethereum Is On The Horizon  In an X post, Titan of Crypto stated that Ethereum is not dead and hinted that another leg up was on the horizon for ETH.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets: United Kingdom

Topics: Broadening Wedge Eth price 7-Year Rising Wedge Formation Ethusd ETH ETH news ETHUSDT Ethereum Ali Martinez Ethereum news Ethereum price Ethereum Titan Of Crypto CoinMarketCap

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-07 @ 17:00:44 (5 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 71 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 26726651

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