Post
Topic
Board Speculation (Altcoins)
Re: ETH also breakout the resistance zone and now trading near $2330
by
tvplus006
on 12/07/2021, 11:28:12 UTC
in the next few weeks we will see whether eth is able to overcome resistance or not. but I personally hope eth can, because this will give more impetus to the market. if eth can, the market will become even more excited and may break the current sideways trend.

Given the fact that all altcoins are moving behind bitcoin, the direction of movement of Ethereum will depend on the movement of BTC. And as long as the price of BTC is still in the range of 30-40 thousand dollars, you should not expect that the price of ETH will start to grow rapidly.