Ethereum Parabolic Buy Signal

٢٨ ديسمبر ٢٠٢٠

Ethereum has been inside the drawn channel for two weeks. This morning, we saw some crazy price action accompanied by high volume, which led to a break in the upward trend line of the channel, potentially signaling parabolic growth in the coming week.

I wouldn't be surprised if ETH manages to hit $800 today or tomorrow, with potentially targeting $1000 within a week. Do your own DD.