fxstreet.com 03 Feb, 2021 14:30 am

ETH’s run-up to $2,000 will not be easy

ETH’s run-up to $2,000 will not be easy
Ethereum was underperforming in comparison to many altcoins, especially DeFi projects, for the past several weeks. Finally, the smart-contracts giant

Ethereum price had a significant breakout above $1,500 but it’s slowing down.Ethereum price is bullish but climbing higher will be tough One of the main factors behind the most recent Ethereum breakout is Grayscale reopening its Ethereum trust to investors on Monday 1, February.Losing this point can push Ethereum price down to the psychological level at $1,000 which is also the 61.ETH/USD weekly chart On the weekly chart, the TD Sequential indicator has just presented a sell signal.

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