Ether Futures

ETH/USD Breaking Higher, Can Fill The Gap?

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Hey traders,

Some of the altcoins are recovering very nicely today, with Ethereum being no exception. In fact, we’ve seen a pretty nice consolidation on ETH over the last three weeks, and it looks like it’s breaking to the upside right now. I wouldn’t be surprised to see more gains unfolding into wave five of a five-wave advance away from the April lows.

Targets around 3000 and even 3300 could be quite interesting, especially if we consider the big gap that dates back to February.

GH

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