Nov 19 2020

Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop

published by Nick Chong
in blog Bitcoinist.com
original entryAnalysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop

ethbtc ethereum ethusd

Analysts think that Ethereum is primed to press higher despite last night's $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. Ethereum Could...

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