ETHUSD Channel to 2X Price In Twelve DaysETH is making a steady, parabolic break out in search of a new valuation well above its previous all time high. I expect ETH to remain within the bounds of this parabolic channel in route to doubling over the next twelve days.
The price could test support slightly below or resistance slightly above this channel.
As to precise timing, ETH could make this move even faster—in seven or ten days—but the curve suggests price doubling to $2,500-$2,800 by February 1, 2021.
