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#ETH UPDATE

Update: ETH lately, showed some greens which were suitable for the market. The current scenario of ETH is under a bullish expanding triangle which technically is bullish. It is testing the resistance at $1240. This is quite a decisive moment for ETH. If it successfully breaks and closes above the resistance level then we can expect some good rally. But if it gets rejected from the resistance, the trend will get reversed and we may see some drops.

Fundamentals: ETH is having a conference meeting on the 19th of July 2022. The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community.

What is your opinion about ETH? Do you think it will rally higher or will it drop badly?

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Chart PatternsETHUSDETHUSDTethusdtbuyethusdtendenciaalcistaethusdtideaethusdtlongETHUSDTPERPethusdtradeethusdtrendTechnical IndicatorsTrend Analysis

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