✴️ Ethereum Above $3,000 This Summer? Higher...

10 Jul 2023

Ethereum is now safely trading back above EMA50 and has been on a very long consolidation phase.

While prices can be seen slowly creeping higher since November 2022, this is actually a type of bullish consolidation.

With such a long drawn-out consolidation the bullish explosion should be strong when it comes.

We can see this wave end/peak around $3,250 and $3,500 for Ethereum, rough estimate.
With $2,000, $2,400, $2,800 being easy targets and can be achieved within weeks.

Ethereum (ETHUSD) can be seen trading not only above EMA50 but also above MA200 and EMA300 and all the moving averages in-between.

This is a strongly bullish setup.

When it starts to go it will be fast and strong, there will be no time ask questions, everything will just grow.

Namaste.