Ethereum ignores brief hiccup in the market to trade new all-time highs at $2,453.
ETH’s short-term technical picture is firmly bullish, as shown by the MACD.
Ethereum hits another milestone, extending the bullish leg toward $2,500. Across the board, crypto assets retreated, but Ether remains steady. Bitcoin has been rejected from highs above $64,000 and currently changes hands slightly above $62,000. The rest of the cryptocurrency market is mixed red and green.
Ethereum technical breakout targets $2,650
Ether trades at $2,443 at the time of writing, following a break above the daily chart’s ascending triangle pattern. This is a bullish continuation pattern form by two trend lines connecting relatively equal peaks and ascending lows.
After an extended uptrend, the triangle comes into the picture, followed by a consolidation period. A breakout is expected from the pattern and occurs when the price cracks the x-axis resistance. An increasing trading volume confirms the breakout, wh
Źródło: https://coingape.com/ethereum-price-analysis-eth-spikes-to-new-record-highs-draws-closer-to-2500/
