Ethereum stopped out longs on the dump yesterday before pumping above $1784 and now what looks like is going to $2022 or the local high at the 1.0 Fibonacci level.
Market makers painted the dump down to $1594 which hasn't been back tested yet but overnight pumped it back above $1784 and regained this resistance as a level of support going long towards $2022.
From here, after ETH wicks $2022, depending on the momentum at that region, it may keep pumping to reach the $2700 target at the 1.618 Fib level.
For Ethereum to reach $2000 and surpass it, that's only 5% and is no stranger to ETH.
Market makers painted the dump down to $1594 which hasn't been back tested yet but overnight pumped it back above $1784 and regained this resistance as a level of support going long towards $2022.
From here, after ETH wicks $2022, depending on the momentum at that region, it may keep pumping to reach the $2700 target at the 1.618 Fib level.
For Ethereum to reach $2000 and surpass it, that's only 5% and is no stranger to ETH.
