TechFlow, October 19 — According to Cointelegraph, certain market indicators suggest Ethereum may extend its rebound and reach $4,500 by the end of October. Currently, ETH appears to be forming a "bullish flag" pattern, which typically signals a continuation of the upward trend after a brief consolidation. Additionally, recent ETH prices have mostly remained above the "Weekly Bull Market Support Band," implying a potential breakout above the channel's upper boundary in the $4,450–$4,500 range, possibly reaching $5,200 in November. However, if ETH falls below the lower boundary of the bullish flag pattern at $3,550, it could face further downside correction.
Add to Favorites
Share to Social Media
