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$ETH Price Prediction 03/24/2022

$ETH Price Prediction 03/24/2022

$ETH Price Prediction 03/24/2022

$ETH Price Prediction 03/24/2022

Ethereum / U.S. dollar BITSTAMP:ETHUSD
CheddarBizcuitz


$ETH Price Prediction 03/24/2022

Big push for $ETH to flip the extreme triangular resistance with a potential set up of 3200-3250 by EOW. The goal is still 3400 (cycle test zone) by early April (4/02).

Based on the trendlines added yesterday the breakout did occur sooner than expected which may have been the result of prior candle volumes.

The upper trendline could be adjusted to intersect the extreme but I plan to keep the spacing as is to indicate both short-term and long-term breaks; due to previous closes under the long-term extreme this also seems like a more logical option.

Assumed support would be at the extreme and 3k. Eventually the extreme will transition past the short-term triangular support which would then take priority. Remember to use the trendlines for closes as lows could fall to a corresponding price line.

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