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ETH Price Analysis: Ethereum (ETH) Sets New ATH But Eyes a Deeper Correction

source-logo  coingape.com 18 April 2021 04:50, UTC
  • ETH Price hits ATH of $2550
  • Bears take control at top trend line of channel
  • Confirmation of $2150 is expected

Ethereum has produced nearly 2500% in gains this bull run, outperforming many other top coins including BTC. Will the price of ETH continue for rise for months to come? This is what many analysts believe as a handful of investors in ETH refuse to sell. Although for a $3000 price tag in the near future, ETH needs to break over key resistance level of $2521 & the top trend line of the 3 month price channel.

coingape.com