Ethereum is approaching a critical moment on the daily chart as price action tightens near the apex of a massive megaphone wedge formation. ETH is pressing against key EMAs around the $2,500 level.
Technical expert and trader, Daan Crypto Trades, revealed that Ethereum has moved back into the $2,313 and $2,736 after a flush to the downside that cleared out liquidity and stop losses placed below the range, as observed in the 4-hour chart.
