Ether Price Breaks Out of Triangle Pattern, Setting Up for $5.2K Target: Kraken OTC Analysis

Thursday, 22 February 2024, 07:29
Ether's breakout from a triangle pattern suggests a price target of $5.2K, according to analysis by Kraken OTC. The cryptocurrency surpassed $3,000 this week, marking its highest level since April 2022. Traders are monitoring the key technical levels as Ether continues its upward momentum.
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Ether Price Breaks Out of Triangle Pattern, Setting Up for $5.2K Target: Kraken OTC Analysis

Breaking News: Ether Price Targets $5.2K

Kraken OTC's analysis indicates that Ether's recent breakout from a triangle pattern points towards a potential price target of $5.2K.

Key Highlights:

  • Ether surpasses $3,000, reaches highest level since April 2022
  • Target Price: $5.2K

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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