Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: Ethereum (XETUSD): Target Achieved in 9 Days (+19.6%) and more

In today’s briefing:

  • Ethereum (XETUSD): Target Achieved in 9 Days (+19.6%)

Ethereum (XETUSD): Target Achieved in 9 Days (+19.6%)

By David Coloretti, CMT

  • On 12 January we published a bullish tactical recommendation in Ethereum (XETUSD).
  • We determined that Ethereum at 1400.813 was evolving into a sustainable multi-month uptrend and was likely to initially target a 19.6% upswing to 1675.58. 
  • Ethereum achieved our initial target at 1675.58 (+19.6%) on 21 January 2023.

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