Ethereum

$ETH Price Prediction 02/07/2022

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A hold at 3k/200EMA pushes ETH well above critical resistance as another bullish wave hits the market.

Current resistance is around 3100-3150 which was previously marked as tentative; 3200-3250 is likely where we'll see next critical or neckline range.

From an overall view, I noticed many coins spot double-bottom possibilities or potential corrections where prior necklines will be or have been hit. We may see retraction back to 2/03 prices (general prediction). For ETH this would mean somewhere around 2600 although the long-term trendline (solid purple) is a better estimate imo.

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