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Statistical Measures show that ETH is ready to make a move

Statistical Measures show that ETH is ready to make a move

On January 2, a trader and analyst for cryptocurrencies turned to Twitter to talk about the price of Ethereum, the biggest altcoin by market capitalization (ETH). According to the post, ETH is trying to make a higher low on its 4-hour chart. The expert also called attention to a breakout on the ETH chart.

The analyst added that he wouldn’t be shocked if ETH rose to $1,260 or $1,270 in the near future.

According to CoinMarketCap, ETH is one of the cryptocurrencies that are up today and is currently trading at $1,215.70, up 1.74% from where it was a day ago. The alternative currency is still down 0.34 percent from the previous week, though.

Technical Signs Suggest ETH Is Ready to Move originally published on Coin Edition.

About MahKa

MahKa loves exploring the decentralized world. She writes about NFTs, the metaverse, Web3 and similar topics.

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