ETH - 12h. Buyers are preparing for the test of $3000

22 Nis 2021

Despite the uncertain movement of the BTC price over the past few days, the ETH market has grown significantly. In our previous idea, we showed two scenarios of the ETH price movement that are possible in the medium term:

As you can see from the chart, buyers managed to break through the range of the previous all-time high and gain a foothold above $2051. On April 18, buyers proved to the entire crypto market that this mark is important enough for them. In addition, the sharp buy-back of the ETHUSDT price over the next few days showed buyers ambition and a desire to continue pushing the price up to the mark of $3000. Considering the situation in the crypto market today, as BTCUSDT is trying to continue falling, ETH buyers are preparing to renew the all-time high. Therefore, the main scenario for us is continued growth to the range of $3000-3300.

An alternative scenario will take effect after buyers lose control of the mark of $2050
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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3 May 2021

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