$ETH
ETH has broken out of its long-term converging triangle pattern on the monthly chart, signaling strong bullish momentum. Price has closed above the descending resistance trendline for the first time in years, which could open the door for a sustained rally.
If bulls maintain this breakout, the next major target zone could be near the $6000–$8000 area.
A retest of the breakout line could also serve as a healthy confirmation before further upside.
DYOR, NFA
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