Analyst: If ETH weekly closing price holds above $4,600, it may further rise to $5,200–$5,500
According to ChainCatcher, as reported by Cointelegraph, analyst BitBull stated, "ETH is attempting to close the weekly candle above $4,600. If successful, this would be a significant confirmation, indicating that this is not a bull trap."
He also pointed out, "If ETH manages to close the week above $4,600, it will mark the highest weekly close in history. At the same time, this would pave the way for the next upward phase, with a target price of $5,200–$5,500 next week."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Ethereum Spot ETFs Saw $238 Million Net Outflow Last Week, Ending 14 Consecutive Weeks of Net Inflows

Metaplanet Increases Holdings by 103 BTC, Total Holdings Rise to 18,991 BTC
RootData: MAV to Unlock Tokens Worth Approximately $1.24 Million in One Week
Trending news
MoreCrypto prices
More








