Ethereum Technical Analysis | Meteoric Breakout Imminent | ETHBTC |
Ethereum trend so far is remaining intact and consistent. Here in ETHBTC, we are currently overseeing a consolidation period in which the price is expected to trade sideways for a tad longer before breaking out. We can expect the breakout to happen anytime between now and the 21st June. The technical target for the next upwards leg rests at 0.185btc. That will be equivalent to a move towards 580$ ETHUSD but we can set our sights on testing the psychological resistance at 600$.
Some altcoins are also following this pattern as it is the example with Digibyte, we can expect Digibyte to follow through on Ethereum's breakout.
Yea, go Eth. V/f/resteemed
Thanks for analysis. upvoted.
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