Will ETH surpass it's All Time High?
Let’s take a look at ETH long term.
ETH has been trending nicely in this channel since the massive dump in March.
Predicting this run will continue to around $960 which will take it to the top of the channel within the first or second week of January.
I think we'll get there, possibly just shy of it, but close enough.
Because I think Bitcoin will reject at 40k, I also think ETH will have a big sell off of around 35%, back to around $600-$650 before the next leg up to at least it’s all time high of around $1400.
Trend based FIb extension and time to arrive at this decision.
Got a prediction?
Post it below! Let's see who gets the closest!
ETH has been trending nicely in this channel since the massive dump in March.
Predicting this run will continue to around $960 which will take it to the top of the channel within the first or second week of January.
I think we'll get there, possibly just shy of it, but close enough.
Because I think Bitcoin will reject at 40k, I also think ETH will have a big sell off of around 35%, back to around $600-$650 before the next leg up to at least it’s all time high of around $1400.
Trend based FIb extension and time to arrive at this decision.
Got a prediction?
Post it below! Let's see who gets the closest!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.