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ETH is currently trading around $2400 level. It forms a symmetrical channel in the daily time frame and approaches towards the channel's lower trendline.
As you see in the chart, it has a strong support of around $2100-$2300 level (Green Box). After we test this support, expecting a good bounce in quarter four of this year.
All we need to survive the next 20-25 days patiently. After that, we will see a huge upside in the crypto market.
What are your thoughts on Ethereum's current price action? Share your analysis in the comments!