This article is also available in Spanish.
Max cryptographic analyst He revealed that the price of Ethereum is in a critical connection, which can determine its trajectory. The analyst noticed that ETH faces the “moment of truth” and explained that the crypto could enter the bear phase if he did not complete a specific pattern.
The price of Ethereum has a moment of truth after the ETH disaster in the direction of $ 3,000
IN X PostMax stated that the price of Ethereum just stands the truth after an ETH accident to around $ 3,000. The cryptographic analyst added that if ETH does not finish the notable “ultra-pitched drive 3 to fall”, before he was wonderfully saved, it passed for a moment, indicating that Krypto may suffer Further inheritance trend.
Max also explained that under the structure of the price of Ethereum there is nothing but air, which he emphasized in his chart. His companion chart showed that another significant level of support for ETH below $ 3,000 was $ 2,300, which indicates that the crypto may fall to such a low level as this level if he loses Psychological level $ 3000 as support.
Then the cryptographic analyst mentioned the worst case, which can happen before resigning from the price of Ethereum, there is a sweeping of $ 2800, and then Further bitcoins prices up to $ 95,000. In such a scenario, Max noticed that ETH needs an immediate response, perhaps because of bears that could cause investors.
However, the analyst in the meantime is still stubborn in terms of the price of Ethereum, confirming that he does not intend to sell his points. Crypto whales also look stubborn on ETH despite its worse results, because they were actively accumulating last week. Bitcoinist informed this Immense volume of Ethereum transactions Enriched with over 200% within 24 hours, which indicates the accumulation tendency from these whales.
How could the price of eth to recreate the price
In post X, the cryptographic analyst Wolf predicted how Ethereum’s price action can reproduce this year, claiming that ETH is now suppressed so that huge players could accumulate. According to the ETH analyst, it may explode Psychological price level 4000 USD Until the end of February.
Then Wolf predicts that Price ethereum There will be a stubborn march because you collect from 4000 to 5000 USD in days. He added that the second largest crypto cap on the market can reach USD 6,500 at the beginning of April. When this happens, the analyst expects Ethereum to experience two to three weeks price correction, and then exceeds from 9,500 to 10,000 USD.
At the time of writing this text data with coinmarketcap.
A distinguished picture from Unsplash, tradingview.com chart
