Ethereum Could Soon Pump 100% To $260, According To Analysts
By Jack Martin
A trio of analysts have predicted big gains for the number
two cryptocurrency by market cap, Ethereum, in the next few months. One
even suggested a replay of his 100% surge prediction from early last
year, in a tweet on Jan. 01.
Falling wedges break upside 68% of the time
Last week, analyst Manu Naik pointed out
that the ETH/USD 1-day chart was in a falling wedge. These break upside
68% of the time, he said, and $128 is at the lower limit.
The
falling wedge is still in play, and we are still at the lower limit.
Which means that Naik’s prediction of a potential upwards breakout to
$240 by mid-January could still be on the cards.
.gif)
.jpeg)
Comments
Post a Comment