$ETH has just broken out after consolidating over the past three days. Next leg higher can drive ethereum ecosystem altcoins skywards.

Next leg up for $ETH?

Having cleared the $2,000 resistance last Thursday with an 11% move, $ETH has been consolidating within a flag for the past three days. At 2 pm GMT $ETH popped out of the top of the narrowing flag pennant just before it ended and is currently sitting at around $2,100 at time of going to press.

Source: Trading View

A confirmation of the breakout can take the $ETH price back down to touch the top of the triangle at $2,060, but this still remains to be seen. This bullish move from $ETH is exactly what was needed for the crypto sector, as $BTC is tracking sideways without any momentum up or down as yet.

Of course, there is still the …