Crucial Ethereum Price Fractal Predicts Surge Toward $430


Ethereum has seen weak price action over the past few days despite strength in the Bitcoin price, which has managed to hold above the low-$13,000s for an extended period of time. Ethereum currently trades for $383, down nearly 3% in the past 24 hours. This makes it one of the worst-performing crypto assets in the top 20 by market capitalization. Despite this price action, analysts remain optimistic about the leading cryptocurrency. The below chart was shared below just recently, showing that Ethereum’s price action over the past few weeks. Ethereum Could Surge Toward $430: Analyst The key analysis in the chart is that Ethereum’s price action over the past week looks eerily similar to that seen in the middle of October, during a period of consolidation around $370. This simple fractal analysis indicates that the cryptocurrency could move toward $430 and beyond in the coming days. Both periods highlighted in…

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