🚨$ETH SIGNALS 2017-STYLE #RALLY
🔹Monthly Dragonfly Doji seen again — last time this appeared, ETH surged 25,000% in 2017.
🔹ETH retesting long-term parabolic trendline — historically a launchpad for major uptrends.
🔹MVRV Z-Score enters accumulation zone, signaling undervaluation similar to past bottoms (2018, 2020, 2022).
🔹If ETH closes May above $1,950, analysts expect a breakout toward $2,100+.
“Ethereum’s most explosive rally yet may be starting” — Merlijn the Trader
🔹Monthly Dragonfly Doji seen again — last time this appeared, ETH surged 25,000% in 2017.
🔹ETH retesting long-term parabolic trendline — historically a launchpad for major uptrends.
🔹MVRV Z-Score enters accumulation zone, signaling undervaluation similar to past bottoms (2018, 2020, 2022).
🔹If ETH closes May above $1,950, analysts expect a breakout toward $2,100+.
“Ethereum’s most explosive rally yet may be starting” — Merlijn the Trader
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
1,812.47
+0.85%
