Posted 12/24/2023, 10:16:02 AM
Veteran Trader Flips to Bullish on Ethereum, Sees Price Breaking Out Past $2,300 Resistance
- Veteran trader Peter Brandt withdraws his previously bearish outlook on Ethereum, now sees ETH moving above key resistance
- Brandt said he was shorting Ethereum last week, predicting it could fall to $650
- Circumstances changed, Ethereum moved above ascending triangle resistance level, leading Brandt to reverse his bearish view
- Brandt's upside target of $86 for Solana was met, but says Solana could still continue trending higher from current $111 level
- Ethereum currently trading at $2,316; Solana up 56% in last 7 days to $111