đ”đ”Famous Analyst Finds One-to-One Tracking Data on Ethereum: Going to $20,000! đ”đ”
Julien Bittel predicts that Ethereum's price could rise to $20,000 based on current market dynamics.
Real Vision's Head of Macro Research Julien Bittel stated on Twitter on September 25 that Ethereum's (ETH) price has the potential to reach $20,000. According to Bittel's analysis, Ethereum's current market structure is similar to the movements in 2023, and this could be a harbinger of a new bull run. In particular, regular accumulation signals on the price chart indicate the beginning of a major breakout.
According to Bittel, Ethereum's price could experience a parabolic increase and continue its historical uptrend pattern. If the current support levels are maintained, Ethereum's upward movement is expected to continue and this increase is expected to gain momentum if cryptocurrencies are adopted by a wider audience.
Especially if the critical resistance level of $ 3,000 is broken, it could trigger a significant rally in the market.
Currently, the price of Ethereum is fluctuating between $ 2,600 and $ 3,600, and the $ 3,000 level stands out as the most critical resistance point to confirm the upward movement of the price.
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