Sherpa

<ul class="news-points"> 
 <li><strong>ETH may break out of its tight trading range if the coin price hits $2,200.</strong></li> 
 <li><strong>The 50 EMA had crossed over the 200 EMA, suggesting a bullish breakout in the mid to long-term.</strong></li> 
 <li><strong>If ETH fails to flip the $2,042 resistance, the price may drop to $1,994.</strong></li> 
</ul> 
<p>Crypto analyst Altcoin Sherpa told his 198,900 X followers that the price of <a href="https://coinedition.com/analyst-predicts-ethereum-to-peak-28000-pushed-by-etf-approval/">Ethereum (ETH)</a> would reach $3,000 in the next few months. Sherpa, who sounded confident of his prediction, referred to ETH’s historical price action.</p> 
<p>In backing up his point, the analyst noted that the ETH price has not closed above $2,200 in about a year and a half. He added that this altcoin’s inability to hit the said value would be the reason leading to the projected breakout.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>: This one is so obvious to me. It's going to go to $3000+ within the next few months and there's nothing you can do about it. No 1W close above this $2200 level in 1.5 years, ofc it's going to break it given the landscape. <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a> <a href="https://t.co/lnhAyj5UKj" target="_blank" rel="nofollow">pic.twitter.com/lnhAyj5UKj</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1729968484501573844?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 29, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-eth-forms-a-golden-cross"><strong>ETH Forms a Golden Cross&nbsp;</strong></h2> 
<p>At press time, ETH’s value was $2,038. Earlier in the week, the coin broke above $2,100. However, negative marke…</p>
<p>The post <a href="https://coinedition.com/eth-to-3000-heres-what-the-technical-outlook-suggests/">ETH to $3,000? Here’s What the Technical Outlook Suggests</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

ETH to $3,000? Here’s What the Technical Outlook Suggests

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