DU09

ETH/USD - Bullish momentum pushing us towards $2,000!

Largo
BITSTAMP:ETHUSD   Ethereum
ETH has finally given us a nice push above the previous ATH and this momentum is looking good!

We just did a positive cross on daily MACD, RSI is curving up and all indicators show we're good to go higher medium term with a nice target at $1.8k and $2k!

Our first challenge now is this diagonal resistance which has pushed price lower whenever touched, curious to see if price will react the same now as we approach it or if we simply move higher without much turbulence. If we do get a push down, then we have support at $1.4k level just where we had the previous ATH.

This may be the start of a very nice bull run for ETH, similar to when BTC passed its 20k ATH. Very bullish on ETH and one of the must haves in your portfolio!

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