Ethereum (ETH) price is gaining strength and making a huge jump

The focus of this analysis is Ethereum (ETH), the leading platform for decentralized applications and smart contracts. We examine the ETH price prediction for the coming period with technical analysis from our premium environment.

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Technical analysis of Ethereum (ETH) price

Crypto Insiders analysts have been bullish on Ethereum for some time. They therefore recently announced the following in the premium environment:

“We remain optimistic about ETH and see positive developments in the medium term. We are currently expecting the completion of correction wave 4, which is expected to settle in the blue zone just below $2,200.

It is a time when the price will decline briefly, but we expect this will only be a temporary setback. From this area, we expect ETH to gain strength and enter wave 5, which could potentially push the price towards $3,000.

In the short term this initially means a slight decline, but in the medium term this will be followed by a sharp increase.”

Date of analysis: February 1st. Link to trading view:

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