$ETH Price Prediction 08/22/2022

A bit more sideways action as price manages to ultimately hold above lower long-term trendline (purple) and lower uptrend extreme (blue).

Highlighted zone shows potential consolidation + breakout for the aforementioned inverse head-and-shoulders recovery which imo is still a possibility.

Dipping below this zone could send us to 1500 or lower and likely into the original bottom-like scenario at 1k.