Ethereum has broken its resistance of almost 1 year and the next price target for ethereum is approximately $6500.
Note
If it breaks the rising wedge to the downside then it is having strong support at the previous resistance at $3700. After retesting the support it can shoot up like crazy.Note
If Ethereum gives a daily close above 4425 then the immediate short-term price target is $4850.Note
We are very close to hitting our short-term Target of around $4850.Note
We just hit our first price target of $4850.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.