Ethereum the undisputed king of the altcoin market finally breached its previous ATH of $4380 and pushed through the $4,400 mark making a new ATH on 29 October, 2021. With ETH achieving a new all-time high the market’s anticipation of the coin’s future price movement heightened.
While a recent survey by Finder has predicted Ether’s long-term price movement, forecasting a 10-year price target of over $50K, as reported in our recent article, at this point it is crucial to establish a more realistic mid-short term targets for ETH. This article will delve into the same and look at ETH’s trajectory that led to an ATH.
Ethereum’s price action was closely mimicking Bitcoin’s in the sense that Ethereum broke out from a monthly range of its own. The
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