Ethereum

Major

Solana

Bitcoin

Resistance

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/is-ethereum-set-for-a-major-breakout" data-wpel-link="internal" rel="noopener noreferrer nofollow">Is Ethereum Set for a Major Breakout?</a><br></p>
<p style="text-align: justify">Renowned crypto expert Inmortal has indicated that Ethereum (ETH) stands at a pivotal moment, with its price chart mirroring trends seen in <a href="https://en.bitcoinhaber.net/understanding-the-recent-bitcoin-price-drop-analysis-and-insights" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> over the past fortnight. Sharing insights on social media platform X, Inmortal predicts that this pattern could lead to a significant breakout for Ethereum.</p>
<h2 style="text-align: justify" id="what-resistance-level-challenges-ethereum">What Resistance Level Challenges Ethereum?</h2>
<p style="text-align: justify">Inmortal pointed out that Ethereum is grappling with a resistance level around $4,000. He drew parallels to Bitcoin’s past struggles when it tested the $100,000 mark prior to its all-time high. He mentioned, “The same price action, but with one difference. The breakout post is the ‘God Candle’ for ETH.” This forecast has sparked considerable enthusiasm among traders.</p>
<h2 style="text-align: justify" id="can-floki-and-solana-reach-new-heights">Can Floki and Solana Reach New Heights?</h2>
<p style="text-align: justify">Looking beyond Ethereum, Inmortal noted that Floki (FLOKI) is forming a symmetrical triangle pattern, which he believes is poised for a breakout to new highs. He stated, “The second wave is loading. A new peak is loading. Price discovery is loading for FLOKI.” Likewise, he anticipates that <a href="https://en.bitcoinhaber.net/solana-hits-new-highs-above-160" data-wpel-link="internal" rel="noopener noreferrer nofollow">Solana</a> (<a href="https://en.bitcoinhaber.net/bitcoin-nears-all-time-high" data-wpel-link="internal" rel="noopener noreferrer nofollow">SOL</a>) will exceed diagonal resistance and might approach the $300 mark, which could bolster bullish trends for Ethereum and Bitcoin.</p>
<p style="text-align: justify">Currently, Ethereum trades at $3,892, Floki at $0.000219, and Solana at $222.60. If the expected movements in these cryptocurrencies materialize, a broader upward trend in the market could follow.</p>
<ul>
 <li>Ethereum’s potential breakout may invigorate the cryptocurrency market.</li>
 <li>Floki is preparing for a significant upward movement.</li>
 <li>Solana’s anticipated price rise could positively impact major cryptocurrencies.</li>
</ul>
<p style="text-align: justify">The market remains vigilant as traders closely monitor these pivotal resistance levels, anticipating possible price fluctuations that may arise from these developments.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/is-ethereum-set-for-a-major-breakout" data-wpel-link="internal" rel="noopener noreferrer nofollow">Is Ethereum Set for a Major Breakout?</a></h5>

Is Ethereum Set for a Major Breakout?

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