ETHUSD - Keeps getting closer to ATH. Close correlation to BTC.
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"Simplicity is the ultimate sophistication."-Leonardo Da Vinci-
ETH/USD
- Ethereum continues to rise for the third day in a row. Looking for a potential breakout towards 700$ if it can climb up above current resistance of 660$.
- With a rising RSI and MACD prices should continue to climb upwards and provide a good oportunity for buyers to step in as it eyes ATH.
- If Bitcoin keeps climbing on the 25k/26k$ and upwards I see no correction coming into Ethereum until something changes. Bullish until proven otherwise by a huge drop.
Remember, nobody can predict the price of cryptocurrencies accurately and anybody claiming the opposite is probably trying to claim your attention and your money. Predicting the price of cryptocurrencies is akin to predicting the weather; the further into the future you try to predict, the bigger the deviation and error rate will be. This is due to the fact that in a complex system involving thousands of variables, some which are know and others which remain unknown, an accurate prediction can only happen if every single variable is correctly accounted for.
Chad trader from ClearThoughtCrypto