Ethereum 2.0 and the ETH merge are coming up quickly is the biggest piece of crypto news in 2022. But how will the merge affect the Ethereum price?
ETH/USDT has completed an Elliott Wave cycle on the daily time frame, including the pull back formation which has now possibly ended. The daily RSI has significantly cooled off since being oversold a couple of weeks ago. Also the weekly time frame shows two weeks of retracement, giving further reason for a long swing trade entry.
The Ethereum Merge is also upon is which means that the fundamentals are aligning with the technicals to set ETH up for another move up.
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