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Ethereum analysis shows that the queen of cryptocurrency Ethereum (ETH) has been trading in an uncertain pattern for the past few weeks, and the price action has increased volatility significantly. The price reached lows of one hundred and ninety-one ($191) on July 17 then rose till two hundred and thirty-five dollars ($235). However, the price fell again but higher than last time then rose once again to two hundred and forty dollars ($240) on August 6. Across the short-term charts with two-hour time frames, the price action has been trading inside an ascending triangle since bottoming out on July 17.