The price of Ethereum has experienced a parabolic move over the last year. Despite the fact that the price of Ethereum has consolidated for a week or two does not necessarily mean the parabolic move is over. In this video we simply discuss what needs to play out for this parabolic move by Ethereum to continue. Looking back at the charts we can see how far Ethereum has come in such a short period of time. Momentum can likely take the price of Ethereum higher, but we need to keep an eye on Bitcoin, hoping that it does not have a major capitulation. TA Video by Benjamin Cowen.
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