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Ethereum (ETH) appears to be on the verge of a significant breakout, with its current market structure closely mirroring the 2020-2021 cycle. As similar patterns emerge, analysts suggest that Ethereum’s breakout to $10,000 is programmed for this cycle, signaling a potential turning point for the second-largest cryptocurrency by market capitalization. Ethereum’s market structure points to a breakout An Analysis by TedPillows highlights Ethereum’s recent capitulation candle, which mirrors the sharp downturn seen in March 2020. At that time, ETH faced a major downturn, leading many to believe the asset’s bullish trajectory was over—only for it to rebound and enter a bull run. Picks for you This country just launched a national meme coin; Crashes 80% 2 hours ago ...

Join Our Telegram channel to stay up to date on breaking news coverage One look at a price chart on CoinMarketCap and it is evident that some bearish forces were activated once the price of Lucky Block broke through the $0.0002100 threshold and then found support above the $0.0002150 level. As a direct result of this, price action has continued to consolidate around the $0.0002166 level. However, it would appear that the bulls in this market have no intention of giving up, as they continue to struggle against the headwind and are putting up a strong fight. Insights on the Future Value of Lucky Block (LBLOCK): Experiencing Strong Gains from $0.0002160 On the LBLOCK/USDT 4-hour chart on CoinMarketCap, activity finally appears to have acquired a foothold above the $0.00021600 price level. Price candles have already begun to recline over the 78.60 Fibonacci level, which demonstrates this phenomenon. In addition to this, the MA line of the Bollinger indicator being employed place...