Ethereum Price Prediction: Is ETH Repeating Its 2017 Breakout Pattern – But Bigger?

Description

Analysts note a near-identical technical setup and market behaviour to that seen in the 2017 market cycle, suggesting that the Ethereum price outlook is yet to reach its cycle peak. The month-long volatility that has kept the leading altcoin within a tight consolidation range may just be the final stage before a major breakout. With Fed Chair Jerome Powell dismissing ongoing macro uncertainty and affirming the U.S. economy is in a “solid position,” July rate cuts could see risk appetite return. ...