Ethereum Bull Flag Breakout: ATH On The Horizon As Major Metrics Turn Bullish

Ethereum Bull Flag Breakout: ATH On The Horizon As Major Metrics Turn Bullish
Crypto analyst Javon Marks has highlighted several metrics that have turned bullish for Ethereum (ETH). The analyst noted that one of these metrics suggests an all-time high (ATH) for the second-largest crypto token.  Bullish Metrics For Ethereum Marks remarked in an X (formerly Twitter) post that the bull flag-like price structure has formed on the Ethereum chart. He added that higher lows are forming in Ethereum’s price action, which is also a bullish signal as it suggests a strong resistance to downward trends. Meanwhile, the analyst claims lower lows in the Relative Strength Index (RSI) indicate a hidden bullish divergence with Ethereum’s price. Related Reading: Brace For Impact: Mt. Gox Set To Inject 142,000 BTC And 143,000 Bitcoin Cash Into The Market- Here’s When Marks then raised the possibility of Ethereum hitting a new ATH, stating that the “bull flag breakout might lead into new all-time highs and be of major service in many Altcoin progressions.” Before then, he claimed that Ethereum could soon experience a larger price breakout, making the crypto token experience a 63% upsid ..

Support the originator by clicking the read the rest link below.