Last Time Ethereum Formed This Signal, It Rallied 600% in 3 Months

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Ethereum has seen shaky price action over the past few weeks, failing to pass notable technical levels. BTC currently trades for $13,800 despite Ethereum only trading for $390. Analysts think that Ethereum may resume its ascent shortly. One analyst noted recently that Ethereum has seen its fourth-ever bullish TK re-cross above the Ichimoku Cloud. Ethereum Could Soon See Rally as Crucial Bull Signal Forms Ethereum has seen shaky price action over the past few weeks despite Bitcoin pushing to new year-to-date and multi-year highs at $14,100. BTC currently trades for $13,800 despite Ethereum only trading for $390: for context, ETH traded as high as $490 this past summer while Bitcoin only peaked at $12,500. Despite this price performance, analysts are starting to think that Ethereum could see a strong move higher in the months ahead that may eclipse the previous rally. One crypto-asset analyst shared the chart below, which shows…

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