Sunday, September 17, 2023
  • Home
  • About Wasplight
  • Categories
    • Celebrities
    • Crypto News / Reviews
    • Financial News
    • Leaked Info.
    • Income Program Review
    • Internet
    • Investment Platforms
  • Contact Us
  • Privacy Policy
No Result
View All Result
WASPLIGHT
Advertisement
  • Home
  • About Wasplight
  • Categories
    • Celebrities
    • Crypto News / Reviews
    • Financial News
    • Leaked Info.
    • Income Program Review
    • Internet
    • Investment Platforms
  • Contact Us
  • Privacy Policy
No Result
View All Result
WASPLIGHT
No Result
View All Result
Home Crypto News / Reviews

This Is When Ethereum(ETH) Price Could Hit $4000!

Emmanuel Nehemiah
October 2, 2021
in Crypto News / Reviews
0
Standard Chartered values Ether between $26000 – $35000
0
SHARES
49
VIEWS
Share on FacebookShare on Twitter

After a nice flip from the bearish divergence, the major cryptocurrencies appear to have sustained the spike. As Bitcoin price remains strongly above $47,500 and Ethereum price above $3200. No doubt the market did experience a slight pullback, yet the lower support levels of ETH price appear to have elevated.

Yet, still, a long way to go for traditional assets as a slight pump has been witnessed after a dreadful downtrend. And hence, still, the assets need to test some crucial levels in order to undergo a gigantic Q4 rally. And hence Ethereum price also needs to break $3300 in order to smash $4000 as it did every time in the past.

Every Time $ETH Has Been Able To Break ~$3300 (Black)…

It Has Rallied To $4000 (Red)

ETH Is Right Back At ~$3300, Challenging For A Breakout After Forming A Weekly Higher Low#Crypto #Ethereum Pic.Twitter.Com/7aqY1BCVC2

— Rekt Capital (@rektcapital) October 1, 2021.

The analyst, Rekt Capital, believes the ETH price is on the verge to form a weekly higher low and hence could hit the target soon. However, the predictions for the second most preferred asset lies around $10K by the end of 2021. Yet the price is still struggling to hit the immediate resistance levels.

How Fast Ethereum Price Can Hit $4000?
It is to be noted that ETH price surpassed $4000 just once and only for a few moments after the launch of the EIP 1559 upgrade.

Moreover, the pace of the rally has also reduced since the London Hard fork was rolled out. However, the technicals and the charts do point out at a notable rally awaiting ahead of Q4.

Ethereum price since the beginning of 2021 has followed the Elliott wave theory at its best. The price current could form a ‘Wave Degree’ which is nothing but liking each Elliott wave.

This forms a larger 5-wave and 3-wave structures that exhibit similar price movements at almost all time frames. And hence considering these indicators, ETH price could smash $5000 in the next wave cycle.

Collectively, Ethereum follows a steady approach to attain higher levels. No doubt the rally could include some pullbacks or corrections, yet the ETH price is expected to trade above $3000. And eventually, the asset could rally towards its target now and aim at higher levels in the coming days.

Diclaimer: Please do note that Wasplight.com isn’t the original writer of this content. You can check them out by clicking the link to visit their site. Coinpedia.org

Tags: Ethereum flipEthereum PriceEthereum Pump
Previous Post

Will Bitcoin price Break $50K level in Coming Week? On-Chain Metrics gives a green signal!

Next Post

FUGAS stocks Investors gain N35.82 Billion during the week

Emmanuel Nehemiah

Emmanuel Nehemiah

I am that guy who is interested in Money as a Subject and want to help people understand it better and also earn it. Without further ado, let's dive in...

Next Post
FUGAS stocks Investors gain N35.82 Billion during the week

FUGAS stocks Investors gain N35.82 Billion during the week

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leaks

Digibot.biz Review – Legit, Scam or Crashed? Find out now!

Billiontron Review – Legit, Scam or Crashed? Find out now!

TaskyCash Review – Legit, Scam or Crashed? Find out now!

Oetvideon Review – Legit, Scam or Crashed? | Find out now!

Internet

What Time Does Walmart Customer Service Close

Crowdsurf Review – Make $500 Online || Legit or Scam?

Avive.world Review – Legit, Scam or Crashed? Find out now!

Tyr Rewards Review – Legit, Scam or Crashed? Find out!

Lifestyle

Reviewing the Reviews | A Review and Overview of Yelp

Bible Verses about Parenting – Parent Guide

Uriem Ihechi Henry Biography, Age, Net Worth and Wiki

Prof. Ndowa Lale Biography, Age, Career and Wiki

Recent News

What Time Does Walmart Customer Service Close

What Time Does Walmart Customer Service Close

August 24, 2023
How to Trade ETFs Like a Professional

How to Trade ETFs Like a Professional

August 18, 2023
  • About
  • Advertise
  • Privacy Policy
  • Contact

© 2022 Wasplight Modified by Ghyoneka.

No Result
View All Result
  • Home
  • About Wasplight
  • Categories
    • Celebrities
    • Crypto News / Reviews
    • Financial News
    • Leaked Info.
    • Income Program Review
    • Internet
    • Investment Platforms
  • Contact Us
  • Privacy Policy

© 2022 Wasplight Modified by Ghyoneka.