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#ETH Ethereum to $10,000: Analyst Reveals Medium and Long-Term Targets
The increase in the weekly parallel channel in the price of Ethereum has prompted an analyst to set medium and long-term targets.
Ethereum has been on the rise for a while.
Asset prices converge between two parallel trend lines in a channel. The upper trend line joins the peaks, while the lower trend line joins the troughs.
The currency may face resistance at the first level and support at the latter while being within the channel. Breaking either of the lines may indicate a continuation of the trend.
#الإيثريوم Macroeconomic outlook# #Bitcoin price analysis# #CMC Mission: Earn Rewards# $ETH