Post
Topic
Board Speculation (Altcoins)
Re: ETH also breakout the resistance zone and now trading near $2330
by
sulis sudibyo
on 13/07/2021, 06:33:40 UTC
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.

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.
I don't think you could just easily predict the price just like that and thinking it would happen next week or so soon? With the strong volatility in this market, no one can certainly tell what could be the next price on a specific day you want. I think the price would move downward in the next few weeks based on the price movement of ETH.

What possibly could happen if the market creates a fud again that might make a change in the price again. Thinking that it did stopped to $1700, what do you think would happen if it below $2k this time?

you seem to have forgotten that next month ethereum will be doing an update that is the london hardfork. because of this I believe the price of ethereum will go up. isn't it just me who has predictions like this. a lot of people think a later hard fork could trigger a recovery in the price of ethereum. regardless of the current FUD, the hard fork will have a great chance to increase the price of ethereum.