Ethereum’s (#ETH) price has remained largely flat with little volatility
On the Ethereum (ETH/USDT) daily chart, we have a high downward trendline in price from the top of 2021 to today. Currently, the price is between 30 and 55 days apart from the trendline.
The lowest point was recorded in July as a strong bottom. Price is now ranging and RSI is completing a triangle. It is expected that the triangle will break to any side, the price will also move towards it. Of course, if it is not a trap.
If it breaks down, we may reach $1000-1050 and if it moves up, the first target is $1450.
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@OctopusAnalysis
