The analysis shows that according to the price trend since July 18, ETH has established a cup-handle shape, which is a continuous upward pattern, which is a period of consolidation following the breakout of the upper channel.
Market analyst Michaël van de Poppe said ETH could see more upside than BTC as momentum builds in the coming weeks and the upcoming consolidation of the Ethereum network, Van de Poppe expects ETH/BTC to test 0.072 Temporary resistance and hold support at 0.0645 or 0.057.
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