Ethereum coin has been the talk of the town for some people and part of what they say is that Other cryptocurrencies should be encouraged to imitate Ethereum (ETH) price by using it as an example. The price of ETH is not only up about 10% for the week, but it is also getting close to a very important psychological threshold that could determine the course of events going forward. Other signs point to a greater bullish reaction, therefore expect to see ETH price quickly reach the monthly second resistance level at $2,278 and gain 30% overall from the end of last week.
Source
After a particularly challenging trading week last week, when the price of Ethereum was on the verge of ending its run of five straight increases, the price of ETH is now on a tear. Since the price of ETH is maintaining a healthy profit, this week will be week six. Due to market optimism that US inflation is finally going to calm down, the Ethereum price saw an acceleration of its rise.
The price of Ethereum is well-positioned to surge beyond $1,928, an important level just below the monthly first resistance that must be recaptured by bulls, Ethereum has shown great sign for other CRYPTOCURRENCY and they can emulate it also and be like that.
Posted Using LeoFinance Beta
The rewards earned on this comment will go directly to the people( @mayorkeys ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
it seems good to buy ETH about a week before sept 15, with proper DYO beforehand