ETH/USDT- June 29, 2021
ETH is one which is coupled with BTC to an extent. Though it has shown in recent times that is dependency has reduced, its still there. With BTC going up, one is likely to see a rise n the ETH prices too. It has so far crossed 2k barrier with decent volumes. From yday evening, it crossed over into 2100 and has held that level pretty well. My next set of buy orders were placed at 2k so time will tell if it ever get filled. However, as I had placed some longs from 1800 levels over the weekend, I have put in a TP at 2150 ..Not much but taking profit enroute is always a good thing. If it can cross the 2200 levels, we could see it rise to 2400 as well. The price of BTC will play a role here. If BTC crosses 35 k, we could see ETH touch 2150 and above.
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