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04.01 - 21:15
Ethereum can rush past $4000, provided these conditions are met
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice
Crypto Twitter has a lot of funny material and memes, especially when prices slump. One that comes to mind is the application form for a job at McDonald’s if Ethereum faced rejection at the $4000 area. Such a rejection might indeed have happened, as ETH broke out past a significant trendline resistance but the momentum petered out around $4050. Will ETH push higher, or will crypto traders become meme material in the coming weeks?
Source: ETH/USDT on TradingView
The importance of the $3950-$4050 is not a joke. $4000 truly is a round number resistance that sits at an important juncture on the charts. Price has
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