ETH makes new ATH on Coinbase

[dragononcrypto]

It's happening, new all time high on Coinbase at $1,440. Poloniex is still a few dollars away with preious ATH at $1,473. Current price: $1,425.



Expect the other exchange ATHs to also be broken soon imo 

[Octoalts]

The price of Ethereum has increased very sharply today, maybe not only on Coinbase soon Ethereum will reach a new ATH in 2021. Actually I regret that I sold my Ethereum before this high increase occurred, I thought the price would go down and I would buy  it again, but it turned out that the price flew to the moon.

[Malam90]

Yesterday, Ethereum broke 3 years' ATH record and set new record. It's good and satisfactory news for all ethereum holders, traders and lovers. Although few fluctuations experiences now but we are satisfied at the new ATH record. Ethereum the king of altcoins are now behaving like king. Cheers   +1

[Zed0X]

I was pretty disappointed it lost steam when it finally made new ATH. I was expecting a surge to $1,500 or $1,600 before it pulls back. I guess I got greedy there. What does the TA say? I'm hoping $1,300 will be the new support.

[dragononcrypto]

I was pretty disappointed it lost steam when it finally made new ATH. I was expecting a surge to $1,500 or $1,600 before it pulls back. I guess I got greedy there. What does the TA say? I'm hoping $1,300 will be the new support.

Likewise, I was expecting a much bigger push. Sure 10% is a big enough gain to buying into, but we know Ethereum can go up 20% per day for a week if it wants to. I'm not going to deny I bought the top to increase my holding by around 20% and raising my average. Truth is I'd also do this again without a seconds thought, as it may take a few hours, days or weeks (even months) to consolidate these higher prices, but overall we all know what happens when Ethereum breaks it's all time high's - it goes parabolic.

Despite the pull-back, the TA is saying buy the dip. Price made a higher high which is bullish, so buy the higher low:



Of course this all could go wrong, we could easily see a $500 Ether again, but the likelihood is it doesn't. Strong volume support lies at $1,220.

[dragononcrypto]

Despite the pull-back, the TA is saying buy the dip. Price made a higher high which is bullish, so buy the higher low:



Of course this all could go wrong, we could easily see a $500 Ether again, but the likelihood is it doesn't. Strong volume support lies at $1,220.

Now it all looks fine again, a nice bounce from low $1,200 area as expected. Also the 0.618 retracement to maintain bullish uptrend short-term.
Looks like we are turning old resistance into new support, as we've been doing for months. Higher low is now being formed.



Once we cross the previous highs around the 0.786 level, we'll be making new ATH again. Not the low volume of the recent sell off as well
A close back above the 21 MA on the 4hr around $1286, with MAs all in bullish formation trending upwards, is also a strong enough sign imo.