Update: Super Bullish ETH for April - new ATH - Target $2.8k
SUMMARY: Super Bullish - may achieve new 3k ATH in April or May
--Technical --
Trending up and volume is increasing - bull signal
We have a strong Bullish divergence with the RSI on 1D scale.
1D MACD cross and new up trend starting.
--Fundamentals --
Based on fundamentals and ETH 2.0 lockup . Add in shortage of ETH.
Forecast is for parabolic rise in the price of ETH over the next couple of months. Driven by institutional demand and money and further retail adoption.
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
--Technical --
Trending up and volume is increasing - bull signal
We have a strong Bullish divergence with the RSI on 1D scale.
1D MACD cross and new up trend starting.
--Fundamentals --
Based on fundamentals and ETH 2.0 lockup . Add in shortage of ETH.
Forecast is for parabolic rise in the price of ETH over the next couple of months. Driven by institutional demand and money and further retail adoption.
Happy Bull Market come Alts season.
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
Comment:
Original Forecast below:
Comment:
Target reached - ETH at $2800
Comment:
ETH is on track yo hit the 3-3.5k target for May
