Prices Could Reach Mid-$3,000s Soon
Ether could be headed above $3,000 in the near future.
Ether prices, which have roughly doubled in the last few months, could be headed toward the mid-$3,000-range shortly, according to technical analysts.
The digital currency, the world’s second-largest by total market value, climbed above the $2,800 level on Tuesday, June 10 for the first time since late February, according to Coinbase data from TradingView.
“Now that ether has broken above $2,800, the next key resistance level is $3,000—a psychological barrier and a price ceiling seen multiple times in March. If ETH can close above that with strong volume, it opens the door to a move toward $3,200,” Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull…
