Ethereum (ETH) Price Watch: Stuck in Consolidation, Waiting for Direction

Ethereum Price Key Highlights

Ethereum has formed lower highs and higher lows to consolidate inside a symmetrical triangle. Price is approaching the peak of the formation so a breakout could be due anytime soon. Technical indicators appear to be hinting at a potential upside break and rally.

Ethereum is currently consolidating inside a short-term symmetrical triangle with the possibility of an upside break.

Technical Indicators Signals

The 100 SMA is below the longer-term 200 SMA to signal...

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