Ethereum
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$ETH Price Prediction 01/31/2022

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Big breakout for ETH after a nice hold at 2500 with a low just short of triangular support.

This sets us above both short-term (outlined) and long-term (see below) ascending triangles with next resistance around 2750.

I believe we could see price bounce between 2750-2600 until early February (2/03) when short-term pattern ends. After that we may dip down to long-term trendline (solid purple) and consolidate between that and 2750 for some time. This could prepare us for another breakout mid-February.
Nota
D1 Chart Analysis

D1 Chart Analysis

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