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31 October, 2024

Ethereum Poised for Breakout: Analyst Predicts ‘Final Dip’ to $2,500 Before New All-Time High

31 October, 2024

While Ethereum’s price currently fluctuates within a consolidation range, a developing technical pattern suggests a looming surge towards $2,800. This potential rally could be preceded by a final dip to the $2,500 mark, according to a prominent analyst. The emergence of this pattern signals a growing bullish sentiment among market participants, hinting at a potential shift in momentum for ETH. As the market anticipates this upcoming move, it is crucial to remain vigilant and observe the price action closely.