Ethereum is Ready for Strong Growth

Cointelegraph noted that there are signals on three ETH charts at once, which were last recorded in 2017 before the growth of the second largest cryptocurrency by capitalization by 25%.

– a rare Dragonfly Doji candle on the monthly timeframe indicates an upward reversal in the price of ETH;
– retest of the long-term parabolic support zone that preceded the historic rally in 2017;
– The MVRV Z-Score is back in the accumulation zone, indicating that ETH is undervalued.