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Famous analyst: Ethereum's consolidation period will last until the end of November, and it may accelerate its rise in December.
Golden Finance reported that well-known encryption analyst @IamCryptoWolf posted on the X platform stating that ETH is undergoing an expanding wedge backtest, with the previous resistance level now acting as solid support level. November looks to be a steady consolidation, with a possible breakout at the end of the month, and December accelerating in rise. @IamCryptoWolf published his analysis on Tradingview platform in 2014 and has 113,000 followers on the X platform.