ETH is forming an ascending triangle, a bullish pattern. The price is testing the resistance near $2845. A breakout above this level could push it toward $2900-$3000.
- Bullish Scenario: A breakout above $2845 with strong volume may trigger an uptrend. - Bearish Scenario: If ETH breaks below $2737, it could drop to $2611.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.