Eth has been a bit underperforming since the start of the uptrend due to the overwhelming dominance of BTC, however with BTCDOM getting rejected at a macro level and Eth breaking the descending parallel channel, ETH can move up towards 2600$ in the coming few days or weeks.

This in return would boost the Altcoin’s rally and could potentially bring in an Alt-coins rally.

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Chart PatternsETHUSDParallel ChannelTrend Analysis

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