Ethereum Network Activity Explodes, Market Structure Points To Upside Continuation
Ethereum is
Market Cap ETH. Source: @egragcrypto On X
On the other hand, a bearish outcome will become possible if the price action loses the 21 EMA on the three-week chart. This could validate a deeper 25% to 30% correction toward the lower trendline, but this scenario carries a lower probability.
Featured image from Unsplash, chart from TradingView
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