Ethereum (ETH) Price: Technical Bull Flag Pattern Suggests Possible $5,500 Target

TLDR Ethereum displays a bull flag pattern on daily charts, suggesting a potential breakout above $5,500 BlackRock recently sold 59,606,000 ETH valued at approximately $254.43 million ETH maintains strong support around $4,100 despite institutional selling pressure Ethereum continues to outperform Bitcoin during recent market uncertainty Jerome Powell’s upcoming Jackson Hole speech could be a catalyst [...]

The post Ethereum (ETH) Price: Technical Bull Flag Pattern Suggests Possible $5,500 Target appeared first on Blockonomi.