Technical analysis by EL_STOCKTROOPER about Symbol ETH: Buy recommendation (11/7/2024)

ETH has been consolidating within the 2,300 to 2,900 range since August 2024.Yesterday, it saw a strong bullish rebound in the 2,300 - 2,500 area.We’re now looking for a decisive breakout above the 2,800 - 2,900 range. Should ETH break and hold above this level, we anticipate it could spark upward movement in other altcoins too.