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Ethereum (ETH) Could Kick Off A Mini Altcoin Season As Early As This Week

Ethereum (ETH) is struggling to break out of the symmetrical triangle it has been trading in since the beginning of the month. The price started to rally significantly around June 10 and topped out around June 16. However, it is once again ready to climb towards the top of the triangle having just tested the bottom of the triangle recently. ETH/USD has also found support on the 50 EMA on the 4H time frame. The price has also yet to break the ascending channel it has been trading in for the past few months. This gives the bulls more hope that the price could take off from here to kick off a mini altcoin season as early as this week.

The 4H chart for ETH/USD shows that the price is ready to rally from here and the RSI shows that there is ample room to do that. It is still…

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