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Our previous TA video on Ethereum price prediction support levels held and our prediction played out!! What is happening now?
At present, the liquidity gap between $1300 and $1700 for ETH means bulls have plenty of room for more upside. Additionally, bulls have created a solid support base in the $1000-$1270 region. Ethereum Price is likely to stay within this region for weeks.
The ETH price prediction today is that ETH/BTC will likely lose bullish momentum and break a 4-hour uptrend. ETH/USDT will likely face resistance in the $1450 to $1550 region, come back down to find support in the $1000-$1270 region and then make another move up to test the $1700 region.
The ETH 4hour time frame is highly overbought suggesting that the market is getting a little overheated.
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00:00 Intro
02:50 Ethereum Price Prediction
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