Ethereum Bulls Rally as Prices Eye New Heights Despite Uncertainty
Main Idea
Ethereum's price is showing strong performance with potential for further gains, despite some uncertainty and resistance levels, while Bitcoin has reached new all-time highs.
Key Points
1. Ethereum's price is currently at $3,696, with attention shifting to its potential for an altcoin rally.
2. Analysts suggest that a break above the $4,000 resistance level could trigger a significant ETH rally.
3. A target of $3,400 for ETH might lead to up to 20% losses in most altcoins.
4. The ETH/BTC pair is showing strength, with sustained closures above 0.027BTC and potential to reach 0.05BTC.
5. Market volatility remains a concern, with possible corrections triggered by Bitcoin's price movements.
Description
Roman Trading was initially surprised by Bitcoin’s all-time high despite predictions. Ethereum shows potential for further rise after a brief consolidation phase. Continue Reading: Ethereum Bulls Rally as Prices Eye New Heights Despite Uncertainty The post Ethereum Bulls Rally as Prices Eye New Heights Despite Uncertainty appeared first on COINTURK NEWS .
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