Ethereum Price Prediction: James Wynn Says ETH Is “Going Straight To $4K,” But Other Experts Say Consider This ICO Crypto For 10X Gains

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Ethereum
Ethereum

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The Ethereum price pumped 5% in the last 24 hours to trade at $3,830 as of 8:20 a.m. EST as investors up their exposure to the crypto.

That rise in the ETH price comes as high-leverage trader James Wynn predicts Ethereum is “going straight to $4k.” 

Ethereum Price Challenging Last Resistance Before Possible $4K Push

WETH Chart Image

Daily chart for WETH/USD (Source: GeckoTerminal)

The Ethereum price is attempting to break above a resistance level at $3,865, data from GeckoTerminal shows. This technical barrier has rejected the altcoin leader’s price on multiple occasions in the past fortnight, but traders continue to try to overcome it.

If ETH manages to clear the obstacle on this occasion, it could very well align with Wynn’s prediction that the Ethereum price will head straight for $4K. Clearing the barrier would unlock a direct path to the next major resistance level, which is around $4,372.

However, another rejection from the $3,865 mark might prompt impatient traders to change their tactics and start shorting the altcoin. If this happens, the Ethereum price stands the risk of testing the immediate support level at $3,381. Dropping below this technical safety net might then result in a plunge to as low as $3,003 in the short term if the bearish pressure persists.

Technicals Suggest The Ethereum Price Still Has Some Momentum To Rise Higher

From a technical point of view, things seem to be looking up for the Ethereum price. After a bearish period, indicators such as the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are starting to show some early bullish signs. This suggests that ETH’s climb may just be getting started. 

In the last 48 hours, the MACD line has started to rise towards the MACD Signal line. With the gap between the two lines shrinking, the odds of a bullish crossover rise. Traders could end up reacting positively to this potential technical development and increase their position sizes.

Buyers already have a slight upper hand over sellers from a strength perspective, as suggested by the current RSI readings in the low-to-mid 60s. 

What’s more, the positive slope of the RSI signals that buyers are growing stronger. There’s also still some room for ETH to rise before it enters overbought conditions. 

All of those technical signs present perfect conditions for the Ethereum price to break above $3,865. However, traders might wait for a daily close above the resistance before making their next move. 

While Ethereum tries to soar to $4K, investors are piling into the presale for TOKEN6900 (T6900)

Several experts have stepped forward to share their bullish predictions for the new meme coin. Among them is Jacob Bury, a popular crypto YouTuber with over 56.9K subscribers. In a recent video, he said that T6900 could soar 10X after launch.

A Meme Coin That Makes No Promises

In recent weeks, there have been several new meme coin launches where the projects market some form of utility. This comes after industry leaders called for more useful projects. However, the complete lack of utility and heavy focus on community is what made the meme coin space what it is today. TOKEN6900 aims to take the meme coin market back to its roots.

The project makes it very clear that it doesn’t do anything. So, there is no tracking GDP, oil reserves or corporate earnings. There are also no claims of having the next AI breakthrough or the greatest tech innovation. 

Instead, the project rides what it calls “vibe liquidity,” which is the combination of “delusion, irony, and the collective hallucination of terminally online traders,” according to the project’s website. 

If anything, the meme coin wants to be a tradable ticker for the collective brain rot in the market. 

The project is also built around transparency, with 80% of the total T6900 supply being sold through the public presale. No VC deals and no large team member holdings means that there won’t be insiders waiting to dump on investors as soon as the token launches.

T6900 Presale Charges Towards $2 Million

TOKEN6900’s high levels of transparency and true meme coin nature is pulling investors in during the crypto’s ongoing presale. So far, over $1.68 million in early-stage funding has been pumped into the ICO.

T6900 can be acquired for $0.006875 apiece via the presale widget embedded on the project’s website using either crypto or a bank card. 

Interested investors will want to hurry though, because the ICO will end when the token’s price reaches $0.007125. With the next presale price hike around 40 hours away, the window of opportunity is closing fast. 

Check out TOKEN6900 on its official website.

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