8.2K @EtherRawl Looking at the ETH plan we have, we are now on our second attempt to close above 2,100. In the past few weeks we only got a fakeout with a wick up that pushed the price back down into the boring range. However, with this weekly close we are once again at 2,100. And at any moment a spark can send it up toward 2,800–3,000. On the LTF we can also see small pullbacks at 2,300–2,400 ish but that should not cause major issues with the overall structure.
8.2K @EtherRawl My ETH plan remains the same as I mentioned, if we get a good close above 2,100, it would confirm that the local bottom is in, and we should move higher toward around 2,400 and then secondly 2,800–3,000, where I think a local top will form.
What actually happened was that 2,400 was taken out without a weekly close. Similar to how we saw fakeouts on the downside under 1,930, the move above 2,100 up to 2,400 was also a fakeout, and now we’re back into the range.
So the plan remains the same, we will likely stay choppy here before properly breaking above 2,100 and heading toward 2,800–3,000.
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24.7K @CryptoAnup ✍🏻 #ETHBTC is still stuck below multi-year resistance — repeated rejections keep the downtrend intact.
A clean breakout above this trendline is when the real rotation into #Ethereum & #altcoins begins. 📊 https://t.co/v34Fw9XcSV
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83.9K @jbondwagon OpenSea’s Treasure Chest Wave 6 ended on March 30. At that time, BAYC floor price is 5.15 ETH
BAYC launched its new website and Clubhouse teaser on April 4. At that time, BAYC floor price is 5.28 ETH
OpenSea farming ending + BAYC teasing Clubhouse created a perfect storm 📈
Today, BAYC floor price is over 6 ETH again and is still steadily climbing
HIGHER 🦍
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Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
