A recent analysis by crypto analyst Ali Martinez on X suggests that Ethereum may be forming a rising wedge pattern, a technical indicator that could signal a pullback before a possible correction to $2,350. However, Martinez notes that this bearish outlook could be invalidated if Ethereum manages to close above $2,800, a crucial resistance level. If #Ethereum is indeed forming a rising wedge, this could be the pullback before a possible correction to $2,350. However, the bearish outlook could be off the table if $ETH manages to close above $2,800! pic.twitter.com/7elndzZmZU — Ali (@ali_charts) August 15, 2024 Adding to the
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