Ethereum’s price was down 2.9% for the 1-month view to start the weekend. But it was down even more, by -38%, over the 1-year view.
That could be a buying opportunity for cryptocurrency investors and altcoin traders to scoop some Ether tokens at a discount. In fact, one popular Crypto X analyst recently pointed out that Ethereum’s price chart exhibits a potential bullish breakout up ahead.
Crypto Analyst Checks Ethereum Price Falling Wedge
MN Fund founder Michaël van de Poppe wrote in an update on Wednesday, Apr. 30:
“$ETH is consolidating before a big breakout upwards. The liquidity is up for grabs, it just needs a news related item to kick it off.”
$ETH is consolidating before a big breakout upwards.
The liquidity is up for grabs, it just needs a news related item to kick it off. pic.twitter.com/VQaGvfZcA0
— Michaël van de Poppe (@CryptoMichNL) April 30, 2025
De Poppe then shared a TradingView screen grab of descending wedge lines with steeper lines of resistance and
We współpracy z: https://cryptopotato.com/crypto-x-analyst-spots-big-breakout-for-ethereum/
