{"id":413055,"date":"2020-02-01T16:43:18","date_gmt":"2020-02-01T16:43:18","guid":{"rendered":"https:\/\/uniquehot.com\/?p=413055"},"modified":"2024-06-11T13:41:20","modified_gmt":"2024-06-11T13:41:20","slug":"top-analyst-3-reasons-ethereum-price-surge-200-percent","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/top-analyst-3-reasons-ethereum-price-surge-200-percent\/","title":{"rendered":"Top Analyst Gives 3 Reasons Why Ethereum Price Could Surge Over 200%"},"content":{"rendered":"
Believe it or not, Bitcoin is only 53% below its all-time high near $20,000. Ethereum<\/a>, on the other hand, hasn\u2019t fared so well. The second-largest cryptocurrency, despite the recent rally in the cryptocurrency markets, is still down by over 80% from its all-time high above $1,400, which it reached during the mania of the previous bull market.<\/p>\n In spite of this harrowing price trend, analysts are starting to become convinced that ETH is ready to surge higher.<\/p>\n <\/p>\n Josh Olszewicz<\/a>, a crypto asset analyst at markets research firm and data provider Brave New Coin, recently gave a confluence of technical analysis factors as to why the price of Ethereum could soon surge by hundreds of percent:<\/p>\n 1W $ETH<\/a><\/p>\n still very early, but possibility of A&E-type pattern building <\/p>\n 1.618 and measured move are also near yearly pivots, $444-$555 pic.twitter.com\/OZSFBxyc87<\/a><\/p>\n — #333kByJuly2025 (@CarpeNoctom) January 30, 2020<\/a><\/p><\/blockquote>\nEthereum Preparing To Burst Higher: Here’s Why<\/strong><\/h2>\n
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