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Ethereum Breaks 2023 Peak
The month of December brought positive emotions to the cryptocurrency world. Bitcoin has hit a new all-time high. As Bitcoin reached its 2023 peak, cryptocurrency enthusiasts began to debate the possibility of Ethereum making a similar move. At the time of writing, Ethereum had already broken its 2023 record.
The cryptocurrency world continues to experience volatile days. After the 2023 peaks in Bitcoin, attention turned to Ethereum. In the comments about Ethereum, the critical resistance level of $ 2100 was especially emphasized.
It was stated that if this critical resistance level is broken, the 2023 peak of $ 2141 can be surpassed. It was also emphasized that if this level is exceeded, the levels of $ 2200 can be reached.
At the time of writing, Ethereum has surpassed the $2141 peak and reached the $2150 level. This level represents the 2023 peak for Ethereum. At the time of writing, ETH is trading at $2142.
It is difficult to predict what will happen next for Ethereum. As the price has reached its 2023 peak, this can trigger the desire to sell on those who want to sell for a profit. This could push the price of Ethereum to lower levels.
On the other hand, those who see an increase in price can pour money into Ethereum. As a result, a desire to buy more may occur, and this could mean new 2023 highs for ETH. The next resistance level for Ethereum is $2250. If ETH breaks above this level, the price could head towards the $2320 target. A further increase could start a wave towards $2440.
Speaking of 2023 peaks, it's worth noting that analyst Michaël van de Poppe has recently started talking about the $3000 levels for Ethereum. The analyst noted that these levels will be seen in the very near future. #ContentStar