$900 Imminent? Analyst Claims Ethereum is Ready for an Explosive Move Higher

galaxy 980x488

After days of underperformance, Ethereum’s price is finally catching up to that of Bitcoin The second-largest digital asset saw a massive overnight rally that led it all the way up to highs of $415 before it found any resistance This surge marks a notable climb from its recent lows of sub-$370 that were set just a few days ago It has also reinvigorated altcoins, with ETH’s uptick in price allowing many smaller assets also to push higher Some analysts even believe it will reignite the DeFi trend One trader is now noting that ETH’s macro strength could lift it over 100% higher in the coming months, targeting a move to $900 Ethereum’s severe underperformance of Bitcoin seen throughout the past few days is currently being erased, with bulls aiming at it seeing further upside as it continued breaking all of its near-term resistance levels. This uptrend comes as Bitcoin consolidates…

Read the original article here