Ethereum is heading to 2500
Updated
Hi everyone,
Ethereum price managed to break 2300 level and even touched 2400. At this point next big target is 2500 price level and it very much reachable. I think that if Bitcoin stays at the current levels than Ethereum has all chances to reach 2500 level.
We should take in to consideration possibility of some correction and I think that main support level at the moment is at 2140 price. It was main resistance before and now it became a support. I don't think that at the moment Ethereum carrection phase can be lower than 2140 unless very stong dump on Bitcoin.
Otherwise I expect continuation of rise on Ethereum at tleast up to 2500 price level.
Please, do not forget to boost this idea & share it with your friends; thanks.
Ethereum price managed to break 2300 level and even touched 2400. At this point next big target is 2500 price level and it very much reachable. I think that if Bitcoin stays at the current levels than Ethereum has all chances to reach 2500 level.
We should take in to consideration possibility of some correction and I think that main support level at the moment is at 2140 price. It was main resistance before and now it became a support. I don't think that at the moment Ethereum carrection phase can be lower than 2140 unless very stong dump on Bitcoin.
Otherwise I expect continuation of rise on Ethereum at tleast up to 2500 price level.
Please, do not forget to boost this idea & share it with your friends; thanks.
Note
Ethereum price is following BTC movement and going down.For now 2140 is important level for bulls. Until ETH price stays above bulls are ok.
In case if price drops under then we can see price as low as 2000.
Note
Ethereum price is accumulating between 2200 and 2300 price levels.For bulls it's important to stay above crucial level at 2140. Until ETH price stays above that level bulls are in control but in case if this support breaks then bears might take over.
Note
Ethereum price managed to reach 2440 level and tested this level twice. So far ETH didn't manage to rise higher than this level but there is very good chance that we can see 2500 and higher very soon.
Note
Ethereum finally has reached my target at 2500 price level. Will wait when hype around Bitcoin ETF will cease and where price will go.
Trade closed: target reached
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