Trader and analyst analysts are widely bullish on Ethereum (ETH) amid bearish sentiment on the second-largest crypto asset by market cap.
Analyst known as a credible Crypto He narrates His 459,300 followers on social media platform
“We don’t always get high time frame price action that’s clean and the only thing I like better than high time frame price action is the absolute rock bottom with it.
ETH will be back with a vengeance in the coming months, and ironically, it will leave some of its staunchest (former) supporters behind.
According to a borrowed trader, Ethereum could rise more than 195% from the current price.
“$10,000 is the bare minimum once we deploy in my opinion, and I think $20,000 is definitely not unreasonable by the end of the cycle.”
For the shorter duration, reliable encryption He says Ethereum will find stiff resistance at the $4,000 price level.
“…While my original plan was to take profits with the highs above $4,000, most likely, I will party on gains around $3,800 as there is a chance we will reject the local supply (roughly between $3,800 and $4,100) within that range.”
Ethereum is trading at $3,390 at the time of writing.
Never miss a beat – sign up to have email alerts delivered directly to your inbox
Check the price action
Follow us xfor Facebook and cable
Browse HODL’s daily mix
& nbsp
Disclaimer: The opinions expressed on Daily HODL are not investment advice. Investors should conduct due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be aware that your transfers and trading are at your own risk, and any losses you may incur are your responsibility. Daily HODL does not recommend buying or selling any cryptocurrencies or digital assets, and HODL DAILY ANDERSOR is an investment. Please note that Daily HODL engages in affiliate marketing.
Image created by: Midjourney
