Crypto Blog
Ethereum’s price has risen almost 10% in the past seven days. It is currently trading slightly below the important $3,400 mark.
This uptick is in line with the rest of the market, which is currently experiencing considerable bullish momentum following the correction that took place last week.The price has dipped a bit in the past few hours after briefly touching $3.5K on Binance.In a tweet from earlier today, Brandt shared his “perspective” on ETH, saying that “support was found at the lower boundary of 4+ month rectangle, which was a retest of the Feb completion of a horn bottom.
Now, a a horn bottom pattern in technical analysis is referred to price action identified by two downward spikes embracing a tiny middle candle, followed by a sharp rally.The interesting bit is that he said that the target for this pattern’s resolution is above $5,600. If it happens, this would mean an increase of around 64% for ETH.One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin technical indicators signal bullish momentumBitcoin (BTC) price action shows a bullish divergence on a momentum indicator, signaling a forthcoming bullish trend.
Read more »
Legendary Trader Peter Brandt Issues Extra-Bullish Ethereum Price OutlookEthereum to the moon? Legendary trader Peter Brandt predicts $5,600 ETH
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin eyes upside move on bullish technicalsBitcoin (BTC) price action indicates a bullish signal from the Relative Strength Index (RSI) and the Awesome Oscillator (AO) indicators, foretelling an upward trend.
Read more »
Justin Sun Buys $5 Million in Ethereum (ETH), Price Rally Coming?TRON founder Justin Sun appears to be bullish on Ethereum price
Read more »
Polygon MATIC poised for 10% rally as momentum indicators signal strengthPolygon (MATIC) price displays a bullish divergence on a momentum indicator, indicating a bullish move.
Read more »
Ethereum Records Major Bullish Sign Against BitcoinThis might be Ethereum's time to shine
Read more »