ETH blasted through 390 and 440 levels like a hot knife cutting in butter!
We are already in the stratosfere at 460!
Since there is no resistance up here and we have a magic weekend, it's not impossible to see the magic number 500 hit, even for just a short minute!
That would be a very important milestone for Ethereum:
- The media will cover this news extensively, similar to what they did to Bitcoin
- more people will learn about Ethereum
- new Investors will come into the market
- other altcoins will get more attention as well
now, if 500 will be indeed hit, expect a huge sell off afterwards. Remember the first time Bitcoin reached 5000?
My advice is to take profits.