Analyst Explains Why Ethereum Could Surge Towards $600 This Year

Analyst Explains Why Ethereum Could Surge Towards $600 This Year

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Ethereum (Symbol: ETHBTC) could surge by another 50 percent as its price tests a long-term weekly resistance level.

That is, according to Teddy Cleps, a crypto-focused market analyst-cum-daytrader. He spotted ETHBTC inching towards a price ceiling that had historically capped the pair from extending its upside moves. The level also served as strong support during ETHBTC’s correction in 2018.

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