$ETH

Technical Analysis ETH USDT

ETH achieves a new local high

ETH is experiencing strong upward momentum, just as was expected from the beginning.

The price bounced from its actual lowest point during the previous consolidation period and moved upward. It reached a resistance level of about $2,730 and we broke through it immediately.

The price is now approaching the right level at around $3,000. However, the main resistance level AU is at about $4,000 📈 - this is the ultimate target for the price.

We expect strong upward momentum, even if it is delayed in reaching its historical highs 📈