View: Ethereum Technical Breakout Emerges, Targeting $2900
BlockBeats News, April 18th, Analyst Alicharts pointed out that ETH has broken through the upper trendline of the ascending triangle and the key resistance level of $2385. This price level will now turn into a support level. With the overhead supply being cleared, the technical target for this pattern is now $2900.
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Data: If ETH breaks above $2,537, the cumulative short liquidation intensity on major CEXs will reach $862 millions.
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