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Price Prediction

Ethereum gathering import? The analyst sees a penetration exceeding 2100 dollars

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Ethereum, the second largest encrypted currency, is receiving a lot of attention at the present time. Some experts who watch the market closely believe that its price may exceed 2100 dollars soon. They were looking at how the Ethereum price moved and see the patterns indicating that it might go.

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The short -term signs indicate the top

One analyst, Crypto Patel, shared his ideas on the social media platform X. He referred to preparation on ethereum The chart that seems promising to increase prices.

Patel said Ethereum took a strong step up, other than the way the market is organized. This happened after the price interacted with a level it had already set as a good place for buyers to intervene.

Currently, the ETHEREUM price is a major area of ​​about $ 2064. This region is called a Dilute block, A strong purchase benefit of adult investors often appears.

The idea is that these investors use this area to control their previous requests before continuing to pay the price in a specific direction. Patel suggests that buying in this upper part of the mitigation area is lined with how these big players often work.

The targeted price of Patel is $ 2,128. This level is what is known as the high -sushed liquidity area. These areas often have a lot Stop orders And a spoon of buying assembly orders together.

If the price moves to this field, this may lead to these requests and cause a sharp step, allowing investors to profit before the price changes.

Patel sets this trade at 2027 dollars, slightly lower than the mitigation block. This helps to reduce possible losses if its prediction is wrong.

ETH is currently trading at $ 2064. table: Tradingvief

Long -term style looks familiar

Another analyst, Timefreedomrob, also posted on X. It compared the current weekly weekly weekly weekly price style of what happened between 2018 and 2020.

Ethereum chart shows a break down Rising triangle style, It is similar to how it erupted less than a descending triangle before its great recovery in 2020. At that time, the ETHEREUM price reached a low point and then rose from less than $ 100 to nearly $ 4,800.

Currently, Ethereum is trading near $ 2060. It recently fell below $ 2,300 and tested the trend line less than $ 1,800. This field is also lined with price levels as there was a lot of demand in previous years.

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The analyst’s scheme indicates that this may be the final decrease before a significant increase in prices, similar to what happened in the previous sessions.

The region ranged between $ 1,800 and 2000 dollars as a strong support level in the past. In order to confirm the price of ETHEREUM, returning to an upward trend on the weekly graph, it must return to the range of $ 2200 to $ 2400.

As of now, ETHEREUM is traded at $ 2064. Last week, it gained 6 %. that it Total market value It is $ 250 billion, and the amount of ETHEREUM is trading in the past 24 hours is $ 11.71 billion.

These analysts offer scenarios based on how ETHEREUM price is spent in the past, but it is important to remember that the cryptocurrency market can be unexpected.

Distinctive image from Gemini Imagen, the tradingvief chart

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