- If ETH beats the $2,600, a run toward $3,400 could be possible.
- Dogecoin might jump to $0.1 if bears would fail to breach the $0.074 support.
- SUSHI might increase by 30% if bulls take advantage of the exhausted sellers.
According to analyst Ali Martinez, the trio of Ethereum (ETH), Dogecoin (DOGE), and SushiSwap (SUSHI) could be ready for major moves in the short term. On January 14, Martinez posted about ETH, noting that the coin could be in place to climb to $3,400.
Using the weekly chart, Martinez concluded that ETH had broken out of an ascending triangle. He also added that the short-term volatility might not stop the rally.
Remember that #Ethereum broke out from an ascending triangle on the weekly chart. Despite the short-term volatility, $ETH continues to target $3,400! pic.twitter.com/kQ2ncLuFjL— Ali (@ali_charts) January 14, 2024
Ethereum (ETH)
In recent times, ETH has been showing signs of hitting $3,000. For instance, the cryptocurrency ran up to $2,700 last week before retracing below $2,600 after facing rejection.
At press time, the Bollinger Bands (BB) confirmed the analyst’s opinion that volatility had become high. Indications fr…
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