Ethereum has surpassed the $3,000 mark, experiencing three consecutive days of gains. The cryptocurrency is up 4.46% in the last 24 hours, reaching $3,051. This comes as Bitcoin also hits an all-time high. Ethereum has outperformed Bitcoin in both daily and weekly gains. However, veteran trader Peter Brandt, who recently took a long position in Ethereum, playfully implied a potential reversal or drop in price in a tweet. Brandt included a screenshot of the ETH daily chart, highlighting a diagonal trendline and a potential target breakout of $2,964. It is uncertain where Ethereum will trend next, as technical patterns alone may not accurately predict future price movement.
- Content Editor ( u.today )
- 2024-11-09
Peter Brandt Warns Ethereum (ETH) Bulls as Price Skyrockets Past $3,000