Ether is trading above $3,700 Wednesday, the first time since May, when the crypto reached its all-time high.
Meanwhile, bitcoin BTCUSD, +0.36% has continued to trade sideways. The largest cryptocurrency gained roughly 26% for the past 24 hours, recently trading at $48,300. “Levels to watch on the topside are $49,300 and last week’s high of $50,500. A break higher will target $57,500,” Matthew Blom, global head of sales and trading at crypto exchange EQONEX EQOS, +0.96%, wrote in a Tuesday note.
What are analysts saying about ether? Ether is “on track to potentially breach the $4,000 resistance level, provided the obvious stack up continues,” Nick Agar, founder and CEO of cryptocurrency firm AXIA Coin, wrote in an email to MarketWatch.
Keep the pyramid scheme going… another “asset” with no value whatsoever. Someone’s foinf to get caught golding the bag…
On track to potentially be rejected and reverse. ETH Ethereum $ETHUSD daily
Then to 10k!
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