Ethereum’s ascending triangle and bullish divergence signal strong growth potential, according to TradingView analyst CobraVanguard.
On-chain metrics highlight strong investor holding patterns, reinforcing Ethereum’s potential to reach $7,000.
Ethereum’s present trend has sparked widespread interest, with noted popular crypto analyst on TradingView, CobraVanguard, predicting spectacular growth.
Emphasizing that Ethereum (ETH) is underpriced at its present value in his piece “ETH Can Reach 7K Easily,” Emphasizing a positive divergence on the weekly chart and the development of an ascending triangle, CobraVanguard targets a price of $7,000. Supported by strong technical signs, he thinks Ethereum can perhaps quadruple its value in the next year.
CobraVanguard on TradingView
Ethereum is trading at $3,134.52 at the time of writing, a 0.44% gain in the past 24 hours and an amazing 19.42% rise over the past 30 days reflected above. Rising Bitcoin, which lately exceeded $97,000, has
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