Ethereum is one last push before reaching the nice round target of $3,000. Can it do it, hell yes. Especially that now the ETH gas fees have CRASHED! To see more on that check my latest YouTube video (link in my signature below).
Before we can be confident that ETH can reach $3,000 we have to pass one key resistance that rejected us last time. If history is of any use here, the second time we tested a resistance usually turned out positive and we had a breach, can we do it again?
Seems quite likely to me and ETH has great momentum going for it, especially vs Bitcoin. We are less than 20% from $3,000 and also a 20 %pump in ETH will also hit a resistance vs Bitcoin pair, so I'd be careful once ETH reaches $3,000. Best to take some profit on the way up. :)
The indicators are still bullish for ETH and this consolidation under $2,600 is a good sign that we are preparing to pump soon. Altcoins did well today with over 20% pumps, not bad.
Check my BTC idea as well below since BTC will decide if we continue this bull price action or we will be pushed down again. Likely ETH will have to follow the king of crypto.
For now I lean bullish, but watch BTC.
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