Ethereum: is $170 the next level?
Ethereum is doing even better than Bitcoin, as its rate has soared by more than 3% just over the day. Such growth is not just the following BTC’s example, but also the result of the community on the tweet of Elon Musk.
Our yesterday’s prediction came true and the price could get to $160 and fix there.
On the hourly chart, ETH managed to break a resistance at $168 but could reach even a psychological the $170 mark. From the technical analysis, the quotes may reduce up to $167, but then a bounce back to the yellow corridor is possible. Such a scenario is likely to happen, as the MACD indicator shows the uptrend.
Our yesterday’s prediction came true and the price could get to $160 and fix there.
On the hourly chart, ETH managed to break a resistance at $168 but could reach even a psychological the $170 mark. From the technical analysis, the quotes may reduce up to $167, but then a bounce back to the yellow corridor is possible. Such a scenario is likely to happen, as the MACD indicator shows the uptrend.
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