3 reasons why Ethereum price can still retest $3K this month

A mix of technical, fundamental and on-chain indicators shows ETH’s price could boom higher as Q1 winds down.
Ethereum’s native token, Ether (ETH), could reach back to $3,000 in March, backed by a mix of short-term technical, fundamental and on-chain catalysts.ETH’s price paints “symmetrical triangle”The first interim bullish outlook for Ether ironically comes from a bearish continuation pattern.Notably, ETH’s 50%-plus decline from its all-time high of around $4,650 on Dec. 2, 2021, followed up with forming a consolidation channel called a symmetrical triangle. Thus, the Ethereum token has been fluctuating between a falling upper trendline and a rising lower trendline since the beginning of this year.ETH/USD daily price chart featuring symmetrical triangle. Source: TradingViewETH/USD last retested the triangle’s lower trendline as support on March 14 near $2,500, following a sharp correction after finding sell

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