Post
Topic
Board Speculation (Altcoins)
Re: Is Ethereum (ETH) Price on Course to $300
by
republicrypto
on 25/07/2020, 21:14:29 UTC
An article on cointelegraph  hurts that eth will rise to $300, how do you think?

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Essentially, Ether is currently acting above the 100-day and 200-day moving averages, which is a bullish indicator. Alongside with that strong signal, the volume has been increasing as of late.

Often, volume precedes price, and combining this fact with the sideways range ETH has been in, an increase in volume shows accumulation.

Similarly, the price has been in an uptrend since March 12, as the cryptocurrency is continually flipping the previous resistance into support. The former support/resistance flip was done with the $217–$222 area.

Such an S/R flip implies further upward strength, with $250 as the next target. The price of Ether is staying fairly close to this resistance zone.

If ETH breaks $250, then the $290 level may not hold like last time, as that’s not a significant resistance zone. More likely, ETH/USD may see a quick rise to $330 or even $360.

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It is  getting closer now mate,look at the Run since yesterday

https://coinmarketcap.com/currencies/ethereum/

Maybe 300 is near to achieve and we will be looking for another growth after this 300$ and if we maintained this Pump?then that would be the indication that we are near Bullrun.

SO  keep your BElt lock,and expect the unexpected as i am looking for this growth since years back.



now ethereum price already hit $300 even more buddy
seems this rally will continue, just be ready for the next target of ethereum price
regards