Long
Grayscale Ethereum Trust (ETHE) Daily Price Targets
Hey traders,
Looking at the daily time frame of ETHE here, if Ethereum can continue its move upwards, we can expect to see a $ 12 price target for ETHE.
At the moment, ETHE by itself is -44% Discount to NAV which means you’re essentially buying Ethereum spot price around $1000.
The $ 8.78 support level has held and i’m expecting that to before this move up and out of the $ 8.78 - $ 9.78 range, and hitting $12.11 as a result of that momentum.
Again, this chart basically depends on the spot price of Ethereum, These targets I have marked are where i’m looking to take profits:
🎯 12.11
🎯 13.89
🎯 15.97
As always please do your own research, this is not financial advice.
Looking at the daily time frame of ETHE here, if Ethereum can continue its move upwards, we can expect to see a $ 12 price target for ETHE.
At the moment, ETHE by itself is -44% Discount to NAV which means you’re essentially buying Ethereum spot price around $1000.
The $ 8.78 support level has held and i’m expecting that to before this move up and out of the $ 8.78 - $ 9.78 range, and hitting $12.11 as a result of that momentum.
Again, this chart basically depends on the spot price of Ethereum, These targets I have marked are where i’m looking to take profits:
🎯 12.11
🎯 13.89
🎯 15.97
As always please do your own research, this is not financial advice.
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