what will be the new ALT for Ethereum before we see any retracement

[tonymillions84]

ever since Octuber. Ethereum has never hit the 200 price mark. currently, the price is at 222. do you think we can see ethereum move high pass 250usd Just like BSV that move from 90usd to 330. could this be possible with ethereum.

[alstevenson]

Yes it is very possible as we have seen that Ethereum is the leading platform for DeFi products unlocking $1b so far. Their platform continu to enhance and hopefully we can see the real ETH 2.0 that transition to POS from POW. This major event on ethereum will be the one to trigger the ATH again.

[masterrex]

ever since Octuber. Ethereum has never hit the 200 price mark. currently, the price is at 222. do you think we can see ethereum move high pass 250usd Just like BSV that move from 90usd to 330. could this be possible with ethereum.

I believe it's highly possible, it was already conquering the 230 dollars level, it's nearer and nearer but it seems the support of this line was solid thats why traders find it a hard time to overcome. hopefully this week it will surpass the 250 dollars level thats only my guess it's not reliable just observe precaution.

[Mercury]

The ATH of Ethereum is ~1000 USD and when paired with BTC is 0.1. Those milestone might never be reached again but I think 250 USD is reachable. If bitcoin continued to rise, it would be only a couple of days ahead.

[sturec22]

Well I think it is really really hard to see that, the price has hardly came back to 200 levels after a year and still struggling to go up. Even in the most powerful bull markets retracements are crucial and necessary, also nothing goes parabolic forever, I think we are about to have our first retracement which will give us a nice long opportunity

[masterrex]

My speculation was indeed correct the 230 dollars support was broken thats why the Eth price is on the way up and reach as high as $286 dollars in the week-long rally, if my observation was correct in the next weekend the price might be back to the $300 dollar level so far the market still strong from day to day basis and i hope it will continue further to drive the entire market as it should be.