Ethereum Price Predictions. 3500 in November (post election)
Using Fibonacci and lower support lines I'm seeing something like this playing out. Ethereum bounces around above the lower support until November and then picks back to 3360-3600 after Trump's elected. From there I think we move sideways some more, but shortly after reach a new ATH around 5150.
Basing some of this on ETH's underperformance compared to BTC, yet nearly all the crypto development this year seems to have been centered around Ethereum. Also I recall BTC value dropped significantly shortly after the ETF's opened in January and now something similar has happened with ETH. Anticipating significant increased ETF inflows considering how undervalued it is and as rate cuts take effect.
Let me know your thoughts!
Basing some of this on ETH's underperformance compared to BTC, yet nearly all the crypto development this year seems to have been centered around Ethereum. Also I recall BTC value dropped significantly shortly after the ETF's opened in January and now something similar has happened with ETH. Anticipating significant increased ETF inflows considering how undervalued it is and as rate cuts take effect.
Let me know your thoughts!
Transakcja zamknięta: osiągnięto wyznaczony cel
Right on! So far it's right where I figured it would be. Maybe I'll get a following :D Scooped a nice little 10% on that swing trade! Hopefully, I didn't exit too too early. ETH continues to consolidate I think, and I can catch another long from the lower support after this weekend drop. Lets see. Uwaga
went a bit higher than I anticipated, significant buying pressure building up as suspected. My next target to fill is now 2300.
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