A repeat of the 2017 pattern?
Analyst Mister Crypto on X, formerly Twitter, predicted that a rally for ETH was coming. The prediction came from the analysis that showed Ethereum could repeat its 2017 pattern.
Mister Crypto’s prediction suggested that ETH could surpass $6,200, which would coincide with the high of $385 in 2017. His tweet read;
“ETH is setting up just like it did in the 2017 cycle. If history repeats, a massive rally is imminent here!”
Looking at the current price action, the chart confirms the potential outlook. Price had consolidated since mid-June to mid-July but had swept liquidity on both sides with false breakouts.
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