When Will Ethereum Reach $500 Again? | Ethereum News

When Will Ethereum Reach $500 Again? | Ethereum News

In today’s technical analysis on the Ethereum price, we discuss several factors affecting the price. Firstly there is the important $360 level which must hold. Next we remind you that we are in a very bullish trend which has not yet shown any strong signs of correcting. We also take a look at Ethereum transactions and daily active addresses to see if they correlate with price.

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Sources:
https://www.tradingview.com/chart/j8KJtkg4/
https://cointelegraph.com/news/cointelegraph-consulting-a-storm-is-brewing-for-ethereum
https://app.santiment.net

Ethereum (ETH) Could Lose 50% in the Next 12 Months – Crypto Analyst


https://twitter.com/nsquaredcrypto/status/1296813038134341632/photo/3

Ethereum founder sold his ETH for $700

What is your opinion on using the Metcalfe’s Law to value the Ethereum network? from ethtrader


https://medium.com/@jacobfranek/valuing-bitcoin-and-ethereum-with-metcalfes-law-aaa743f469f6

Timestamps ⏰
1:35 Critical Ethereum level
3:00 Scary week
4:55 Hedging my bets
5:30 Bearish short term
5:50 Descending wedge
6:25 Parallel channel
8:35 This would suck
8:56 News super bearish
10:20 Miners balance drop
12:40 Next Major Support13:20 ETH could drop 50%?
16:13 Metcalfe’s law

Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

The post When Will Ethereum Reach $500 Again? | Ethereum News appeared first on BLOCKPATHS.



source https://blockpaths.com/commentaries/when-will-ethereum-reach-500-again-ethereum-news/

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