Is it too late to invest in Ethereum?
Amid the massive bullish move by the vast number of assets in the cryptocurrency industry, Ethereum (ETH), as the second-largest cryptocurrency by market capitalization, is no exception, having rallied over 10% in the last seven days alone. So, is it too late to invest in it? As it happens, renowned crypto trading expert Ali Martinez recently argued that Ethereum above $2,000 might just be a “prime buying moment” for the digital asset, considering that traders purchased a large volume of ETH around this price level, as Finbold reported on December 4. ETH holders in/out of money. Source: Ali Martinez Over $3,500 in cards? Earlier, the professional crypto trader highlighted that Ethereum securing a “sustained weekly candlestick close above $2,150” could pave the way “for an exciting uptrend,” setting the price targets at $2,600 and at $3,500 afterward, as he explained in his chart pattern Analysis . Ethereum price action analysis. Source: Ali Martinez More recently, the crypto an...