Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time

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Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time - NewsBTC

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This typically indicates that the crypto in question is set to enjoy a long-term upward trend. Related Reading: Analyst Says Dogecoin Price At $1.3-$1.5 Is Still Possible, Here’s Why Crypto analyst Charting Guy also confirmed this development for the Ethereum price and provided insights into what happened the last time Ethereum witnessed this golden cross.

In an X post, the crypto analyst shared a chart that showed what happened combined with the fractal from that time. Coincidentally, the last time the Ethereum price confirmed this golden cross on the daily timeframe was between November and December last year.

The analyst’s accompanying chart showed that Ethereum could surpass its current all-time high (ATH) at $4,800 and rally as high as $7,000. Related Reading: Cardano Next In Line After XRP? ADA Price Targets $4.88 In Epic Breakout Crypto analyst Venture Founder also made a similar $7,000 prediction for the Ethereum price.