Hi Guys! It was a great week and Ethereum is about to confirm it's uptrend. On my previous blog post I mentioned that it's about to hit $800 level and yesterday it hit that price point. Now let's see if it has enough strength to go to $1000 level.
You can see on the above chart that it created a Doji candlestick pattern on 1st May and after that it's showing bulls are in action. And it's continuing to go upward. My next price prediction is at $900 zone as I mentioned on my previous article and after that if it able to break through that resistent level then we might see a $1000 touch very soon.
On the other hand, Steem is ranging while almost every other crypto is in bull condition.
So, we might see some upward momentum in steem soon if overall crypto market keeps moving to north. And it has potential to touch $4.5 level soon. Let's see what happens and I will keep you updated with my analysis.
What do you think ETH will touch $1000 or it will fall from here? Let me know in the comment and share your charts if possible. Thanks
What do you think about now? Will it break above $600 level now?
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Nowadays there is not enough buyer support for bitcoin, which would make the altcoins gain value... Because that ETH is one of the most powerful altcoin, I guess its price will be higher.
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ETH should be able to cross the $1000 mark without too much pain in the intermediate term.
I also think so :)
Let's hope it reaches $100 level soon enough :)
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