ETHUSD 23NOV
Crypto market took a dip over -9% just over the weekend due to several political issues with biden taxing crypto, Musk/binance Doge tweets.
Eth market full depends on BTC progress.
Etherum has been keeping the 4k level if we manage to surpass these over the next couple of weeks 5k is the main target then 6k.
A price above 4k is stable with a SL jus below 3.8k and if it passes 4.5k level the bearish thesis will be invalid.
I remain bullish expecting ATH due to more advantages to eth than btc also to continue as NFT market grows , DEFi (decentralised finance no use for banks) and when more people stake the ETH there will be less in circulation. Only downfall is the gas fees eth charge however
etherum is relavetly still new with a young owner of the company.
Eth market full depends on BTC progress.
Etherum has been keeping the 4k level if we manage to surpass these over the next couple of weeks 5k is the main target then 6k.
A price above 4k is stable with a SL jus below 3.8k and if it passes 4.5k level the bearish thesis will be invalid.
I remain bullish expecting ATH due to more advantages to eth than btc also to continue as NFT market grows , DEFi (decentralised finance no use for banks) and when more people stake the ETH there will be less in circulation. Only downfall is the gas fees eth charge however
etherum is relavetly still new with a young owner of the company.
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