[ETHJPY] Breakout imminent!? Ethereum has matured and is ready for action

A new upper resistance line has been drawn on the daily chart by connecting the May 6 high and the July 17 high, and a triangular consolidation compressed between the lower support line connecting the March 30 low, etc., continues. In recent days, price movement has narrowed, suggesting that momentum is being built for an upcoming breakout. It remains intertwined with the 20SMA, keeping the center of the range around this level. As mentioned before, the main point of interest is which direction the triangle will break, and if it breaks, whether it will occur with a single candlestick or a gradual breakout.