SUMMARY: Super Bullish - may achieve new 3k ATH in April or May
--Technical --
Trending up and volume is increasing - bull signal
We have a strong Bullish divergence with the RSI on 1D scale.
1D MACD cross and new up trend starting.
--Fundamentals --
Based on fundamentals and ETH 2.0 lockup . Add in shortage of ETH.
Forecast is for parabolic rise in the price of ETH over the next couple of months. Driven by institutional demand and money and further retail adoption.
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
--Technical --
Trending up and volume is increasing - bull signal
We have a strong Bullish divergence with the RSI on 1D scale.
1D MACD cross and new up trend starting.
--Fundamentals --
Based on fundamentals and ETH 2.0 lockup . Add in shortage of ETH.
Forecast is for parabolic rise in the price of ETH over the next couple of months. Driven by institutional demand and money and further retail adoption.
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
Nota
Original Forecast below:
Nota
Target reached - ETH at $2800Nota
ETH is on track yo hit the 3-3.5k target for May
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.