Ethereum (ETH) has been traded at a critical point in recent days. Famous analyst Credible, ETH’nın $ 3,000, he can make a bottom and start a strong rise, he says. However, if this support level is lost, the price may fall below $ 2,800. Now the most important question for investors is whether Ethereum will start a rally towards $ 4,000. The movements to be experienced at these levels can determine the general trend of the market.
Big Breaking Moment for Ethereum
Analyst Credible says Ethereum should maintain $ 3,000. If this area remains strong, the price can test $ 4,000 in the coming weeks. This critical support level will also be decisive for the general aspect of the market.
However, if this support is broken, ETH may go down to the monthly demand zone. This can create a better purchase opportunity for long -term investors. Currently, many Altcoins are similar to lock levels. Therefore, a great mobility can be expected throughout the market. The interest of corporate investors to Ethereum will also play an important role in determining the direction of the price.
Is Bitcoin correction healthy?
In addition to Ethereum, Credible Evaluates the current correction of Bitcoin quite healthy. BTC has been stuck in a certain price range during the last week and is currently moving to the lower levels of this range. Analyst states that this movement is not a situation to be feared for investors, on the contrary, it is a necessary process for the bull market.
According to the analyst, Bitcoin testing these low levels is part of the liquidity collection process for rise. If the BTC makes a strong leap from here, the positions of short -term vendors may be closed and the rise may accelerate. This can be an important signal for the market to enter a large bull run.
Can Bitcoin see $ 150,000?
Credible states that Bitcoin may experience a short term, but then we can see a last decline. After this final correction, BTC estimates that it can reach $ 150,000 by launching a paraboolic rise. Analyst states that this process can be completed in the next few months.
Bitcoin is currently trading at $ 102,080. These levels can offer a strong accumulation opportunity for long -term investors. However, market movements should be carefully monitored. Could it be at a large rally door for Ethereum and Bitcoin? The market can make unexpected movements in a short time and surprise investors!
