ETH Bouncing Off Key Support – Rally on the Horizon?
2024-11-05

Hey everyone!

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Welcome to this quick ETH update.

ETH is forming a descending triangle like structure in the daily time frame and currently holding the lower trend line of the triangle. It is holding the trend line and bouncing very well so far. 

As long as, ETH is holding the trend line we can expect a good rally from here. 

What’s your take on ETH’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!