Analyst: Ethereum’s consolidation pattern is bullish; a decisive break above $2,530 could push its price to $2,700.
50 minutes ago
Crypto analyst Ali Charts said in a post that Ethereum has been consolidating in the $2,370 to $2,530 range since August 26, building momentum for the next market move. He noted that a close outside this range on the hourly candlestick is required to confirm the breakout direction, though the current market structure leans bullish. If ETH breaks above $2,530 convincingly, it could trigger a rally toward $2,700.
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