Ether Leeum As Thursday’s closer, even if the price falls below $ 2,700, we continue to create waves in the wider Cryptocurrency sector. In recent weeks, ETH has shown remarkable optimism, and some encryption analysts emphasize the possibility of improving higher levels in the short term.
An important area to lead Ether Leeum to a new peak
Given the current market weakness, Ether Lee has lost his upward momentum after facing $ 2,800 resistance. Despite this simple fullback, ETH’s recent trend refers to the major rally. Expansion of ongoing business trends.
A seasoned encryption expert in TRADER TARDIDE, an X platform that surveyed the price measures prediction The surge in the new all -time high. According to technical analysts, Ether Lee is exploring important technical areas that can act as one of the largest rally.
If you look at the chart, this important area is called an impulsive area. Experts are convinced that ETH is preparing for a strong surge in new peaks because this area was historically ahead of massive. The upward brake out moves.
In the last cycle, it is defined as a big drop after a strong recovery Rapid reboundExperts claim that ETH is currently in an impulsive wave. Since the impulsive waves area is known as an optimistic effect on the price, the recent appearance suggests that the next major movement of ETH can already move.
As Momentum Building and Ethereum challenged the major resistance levels, Trader Tardigne predicted that it would rise to a $ 18,000 milestone, which shows nearly 700% rally at the current price level. The chart altcoin It is highly likely to reach this level by the second half of next year.
Does ETH take over the encryption market?
Trader Tar Grade’s predictions can be supported by the fact that the market is slowly changing to the Etherrium season. look ETH/BTC chart release Ether Lee is getting optimistic momentum as he rebounds at 0.018 of monthly support.
In addition, the price of ETH is forming a bull flag on the daily chart. Bull Flag formation usually suggests that Altcoin’s strong running is not over yet. When ETH escapes the Bull Flag pattern, the expert suggests a huge thing. The price is soaring to $ 4,000.
Encryption analysts like Javon Marks have prediction Last December last year, the rising trend continued after the key level was recorded. As the indicators are aligned towards the rally, Javon Marks believes that Altcoin’s next goal is $ 4,811. Experts expect another +78% increase in this area, pushing the ETH to more than $ 8,500.
Getty images’ main images, TradingView.com charts
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