Popular cryptocurrency trader Micha ël van de Poppe states that Ethereum ETH/USD is now en path to its next resistance at $3,500.
What Happened: Talking to his YouTube customers, the crypto expert stated Ethereum might remedy if the leading wise agreement platform stops working to breach resistance at $3,500.
“What you want to see is that we start to gain strength so that we start to accelerate even more instead of this crawling upwards. In that case, I think we can start taking those highs too and if we are not going to see continuations of strength at that point in time, I’m looking to take my profit on Ether too, and then I’m expecting ourselves to have a retest,” Van de Poppe stated.
Last week Ethereum crossed the $3,000 level which resulted in a lot of liquidations.
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Interesting location approaching for $ ETH, where we can see several locations of liquidity to be hunted, however likewise higher-timeframe resistance zone.
If that breaks, celebration time is absolutely on the horizon.
