One trader spotted the fractal, which employs three classic technical indicators to predict an upside trend for Ethereum.
Read moreEthereum pares gains, Bitcoin pushed under $40K as the Fed is set to reveal tapering plans
The two cryptocurrencies appear directionless after correcting in sync lower from their monthly highs.
Read moreEthereum eyes rally to $3K, with 39% ETH price rebound triggering a classic bullish pattern
A falling wedge setup, as well as a rumor of Amazon preparing to accept cryptos, also boosts Ether’s upside appeal.
Read moreEthereum bounces but ETH price in danger of turning $2.3K into new resistance
The Federal Reserve chairman sidelined inflation concerns, which appears to have coincided with a relief bounce for Ethereum.
Read moreHere’s why pro traders expect further downside from Ethereum price
Ethereum’s EIP-1559 upgrade is fast approaching, but derivatives data shows traders are less than optimistic about ETH’s short-term prospects.
Read moreEthereum’s $1.5B options expiry on June 25 will be a make-or-break moment
Bulls and bears are equally nervous about the possible outcome of the June 25 $1.5 billion Ethereum options expiry.
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