Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Btceth01 on January 27, 2021, 07:37:20 PM
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Ethereum saw a meteoric rally yesterday that allowed it to post some massive gains, with bulls taking full control as they sent it to fresh all-time highs
The crypto is still struggling to gain enough support to hold above its previous all-time highs of $1,450, with the selling pressure above this level being significant
It is now seeing some consolidation just below this level as Bitcoin begins soaring higher
There’s a strong possibility that Bitcoin’s strength will eventually create further tailwinds for ETH
One analyst is noting that a daily close above $1,400 could position ETH for massive upside in the week to come, noting that he is watching $1,600 and $2,000 as near-term upside targets Source url (https://cryptonews.net/456587/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)