๐ด #Ethereum preparing to break $5k? Market Update. Bitcoin and Hive also looking good ๐ #THGaming #leofinance
Ethereum, where to from here?
I often advise new investors (friends of mine) to invest in Ethereum because it has, over the course of 2021, beaten Bitcoin by rather a long way. When #bitcoin pumps 10%, #ethereum often does 20%. Right now ETH is fighting hard to reach the $5k mark, however heavy sell offs around the $4.8k mark have heavily resisted the Bull's efforts to break the Golden $5k level! โฌ๏ธ
A surging Bitcoin towards the end of 2021 will surely see #ethereum break the $5k resistance level.
$Hive preparing for a big move โฌ๏ธ
After its massive surge to nearly $3.5 only 5 days ago, $Hive / USDT has seen a sell off and is currently sitting around $2.4 I personally think $hive is powering the most exciting Blockchain at the moment and is actually undervalued. However we could easily see a dip to $2 as some big investors have entered the #hivechain now and they stand to make $millions still. I am bullish on $Hive going up this year โฌ๏ธ as it should be boosted by a surging #bitcoin graph (see below)
Bitcoin, one ring to rule them all โฌ๏ธ
Finally we take a look at a very bullish looking #bitcoin Graph. We will, I fear, be retested at the $60k resistance but eventually the Bulls will win this battle and we could very soon see a $60k + Bitcoin. Let's hope for positive world news and thriving holiday season economies.
โฌ๏ธ The very bullish (buyers winning) Bitcoin Graph. The $60k resistance is proving very difficult to break,but judging by recent market movement we are likely to see Bitcoin back in the $60-$70k zone soon. I have been wrong before so please do your own market research before investing even $1
Trade wisely, Game hard & good luck on the #blockchain, see you in the #metaverse
THE END
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