$ETH Price Prediction 5/14/2024

Rejection sets in at 50EMA/pattern support to prevent double-bottom recovery.

Price now sits at 2878 low and poses a higher chance for further correction.

Our hope now lies in a W1 inverse hammer which would require us to maintain consolidation between ~2875-2950 until EOW.

tradingview.com/chart/gDBkksfy/
Chart PatternsTrend Analysis

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