The post Top Reasons Why Ethereum is a Must-Buy For 2x Gains in 2024 appeared first on Coinpedia Fintech News
Popular analyst Eric Krown Crypto recently discussed Ethereum’s remarkable performance, pointing out its surge above the $2500 mark as a significant milestone. Krown, known for his in-depth technical analysis, expressed positivity about Ethereum’s ongoing rally, particularly stressing its strength on higher time frames.
Ethereum’s Rise and Technical Analysis:
Krown noted Ethereum’s impressive performance, particularly on the daily and weekly charts. He pointed out Ethereum’s tendency to print consecutive green candles, a sign of strong bullish momentum. According to Krown, Ethereum’s recent run, which began on February 5th, has seen a pattern of three green candles followed by a red one, and now potentially three green candles again. This suggests short-term resilience despite the possibility of minor pullbacks.
Key Technical Indicators:
The analyst spoke about se
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