Ethereum

Ethereum&#39;s price structure is displaying technical changes that could trigger a major price movement. Multiple analysts are suggesting the second-largest cryptocurrency might challenge its previous all-time high of $4,878 in the near term.Prominent cryptocurrency analyst DevKhabib highlights a critical moment for Ethereum as it retests a three-year trendline. According to his analysis, ETH faces a pivotal &#34;jump or die moment&#34; that could either push prices higher or trigger a retracement to $3,500. This technical junction represents a crucial decision point for the cryptocurrency&#39;s near-term trajectory.&lt;embed&gt; <a href="https://x.com/DevKhabib/status/1866059484860453188" rel="noopener noreferrer nofollow">https://x.com/DevKhabib/status/1866059484860453188</a> &lt;/embed&gt;Another respected analyst, <a href="https://x.com/SatoshiFlipper/status/1866068494988517720" rel="noopener noreferrer nofollow">Satoshi Flipper</a>, observes ETH&#39;s movement within an ascending channel pattern on the 4-hour timeframe. The analyst notes that current prices are testing diagonal channel support, suggesting a potential move toward $4,400 if the pattern holds.<a href="https://cryptotale.org/ethereum-price-tests-3-year-trendline-amid-6000-target/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Ethereum Price Tests 3-Year Trendline Amid $6,000 Target

CryptoTale

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