ETH is about to go higher quickly in my opinion.
I have been watching the 2017 fractal and so far this move has been tracking it closely. Currently feels like ETH about to enter last leg of this bull run taking the market to 16,000. The main possible fundamental drivers would be continued mainstream adoption, an ETF approval, and the network upgrade scheduled for next Feb making Ethereum fully POS.
I will be watching BTC markets closely for clues for when the overall market is nearing a top. Specifically looking at MVRV score, pi multiplier and moving average multipliers.
ETH resistance: 4330, 5200, 9100, 16000.
support: 3930, 3620, 3060, 2910.
ETH needs to turn 4180 into support then should be set for new all time highs.
I will also be watching the rest of this year into next year for bearish news from the FED, which could derail all markets, as well as any bearish legislation coming out of Washington meant to stifle crypto.
I have been watching the 2017 fractal and so far this move has been tracking it closely. Currently feels like ETH about to enter last leg of this bull run taking the market to 16,000. The main possible fundamental drivers would be continued mainstream adoption, an ETF approval, and the network upgrade scheduled for next Feb making Ethereum fully POS.
I will be watching BTC markets closely for clues for when the overall market is nearing a top. Specifically looking at MVRV score, pi multiplier and moving average multipliers.
ETH resistance: 4330, 5200, 9100, 16000.
support: 3930, 3620, 3060, 2910.
ETH needs to turn 4180 into support then should be set for new all time highs.
I will also be watching the rest of this year into next year for bearish news from the FED, which could derail all markets, as well as any bearish legislation coming out of Washington meant to stifle crypto.