840 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvZGQwNjE2MGMtZGFmMS00OGM0LWJjZDEtODI3ZWMyM2M4NGUwLmpwZw MQHOr1

3 reasons why Ethereum price can still retest $3K this month

A mix of technical, fundamental and on-chain indicators shows ETH’s price could boom higher as Q1 winds down.
Ethereum’s native token, Ether (ETH), could reach back to $3,000 in March, backed by a mix of short-term technical, fundamental and on-chain catalysts.ETH’s price paints “symmetrical triangle”The first interim bullish outlook for Ether ironically comes from a bearish continuation pattern.Notably, ETH’s 50%-plus decline from its all-time high of around $4,650 on Dec. 2, 2021, followed up with forming a consolidation channel called a symmetrical triangle. Thus, the Ethereum token has been fluctuating between a falling upper trendline and a rising lower trendline since the beginning of this year.ETH/USD daily price chart featuring symmetrical triangle. Source: TradingViewETH/USD last retested the triangle’s lower trendline as support on March 14 near $2,500, following a sharp correction after finding sell

Czytaj więcej

We współpracy z: https://cointelegraph.com/news/3-reasons-why-ethereum-price-can-still-retest-3k-this-month

Total
0
Shares
Dodaj komentarz

Podobne Wpisy