Ethereum

2024

Captain

Coin

<ul class="news-points">
 <li><strong>An analyst has asserted that ETH remains on track to reclaim the $4,000 mark.</strong></li>
 <li><strong>The conclusion emerged from a bullish pattern observed on ETH’s four-hour candlestick.</strong></li>
 <li><strong>However, Ethereum is reportedly under the SEC’s scrutiny, dimming the prospects for $4k.</strong></li>
</ul>
<p>Market Watcher Captain Faibik has argued that <a href="https://coinedition.com/tag/ethereum-eth/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> could be on a path to reclaim the lost $4,000 price amid a potential regulatory hurdle. In a recent analysis of ETH’s trajectory on X, Faibik disclosed that the $4,000 target has become evident.</p>
<p>The analyst reached this conclusion after observing ETH’s established candlestick patterns in the four-hour timeframe. Specifically, he observed a bullish breakout through a descending wedge pattern, a known technical formation that marks the end of an asset’s consolidation phase. Accordingly, the analyst declared that the $4,000 threshold for Ethereum is on the horizon.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> Descending Broadening Wedge Upside Breakout is Confirmed on the 4hrs timeframe Chart..<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>$4,000 incoming <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/231b.png" alt="⌛" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/qrKE5jiXon" target="_blank" rel="noopener noreferrer nofollow">https://t.co/qrKE5jiXon</a> <a href="https://t.co/MLIXefVsd8" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/MLIXefVsd8</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1772128321255395702?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 25, 2024</a>
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<p>At press time, ETH trades at $3,468, having increased by 4.3…</p>
<p>The post <a href="https://coinedition.com/can-ethereum-break-through-4000-amid-sec-scrutiny/" rel="noopener noreferrer nofollow">Can Ethereum Break Through $4,000 Amid SEC Scrutiny?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Can Ethereum Break Through $4,000 Amid SEC Scrutiny?

Coin Edition

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