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DU09
Mar 8, 2021 7:52 PM

ETH/USD - Ready for a new ATH. BULLISH fundamentals! FOMO 🚀 Long

Ethereum / U.S. dollarBitstamp

Description

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ETH had a great news today - EIP-1559 (or Ethereum Improvement Proposal) was approved and is scheduled to go live this July, and crucially for investors, may result in ETH becoming a deflationary asset and will remove these crazy high transaction fees with a flat fee structure... WAIT WOOT??? Apparently fees paid in the new protocol will be BURNED! Meaning supply will REDUCE as more fees / transactions will take place on ETH network.

Yes, ETH to the MOON and beyond.

Are you looking for a confirmation - check the price action. We are about to break a key resistance at $1,800 and we're ready to re-test the ATH resistance which I expect to quickly fall and give way for ETH to go higher, 3k, 4k, 5k and eventually 10k.

Yes ETH will be 10k if not more. This news is very bullish and ETH is posed to have a fantastic year.

Moreover, the indicators on Daily are looking sexy af. MACD crossed on the positive side, RSI moving higher... only thing lagging is volume, but once we pass 2k we will get volume... we will pump hard.

There is nothing to say guys, BUY ETH and HODL as if your life depends on it. FOMO is in order... No regrets. Alts will also go crazy... enjoy the profits.

Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Comments
DaCryptoVinci
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Today my girlfriend asked me to create a crypto trading account and to invest? and asked which coin she should buy. I helped her to buy ETH.
I was bullish on ETH since it crossed 1000. Daily and weekly chart is orgasmic ;)
DU09
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dezkoligenda
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Do you think that it is still worth to jump in or maybe to wait some quick corrections?
DU09
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@dezkoligenda, ETH should pump and set a new ATH, I am bullish.
AM.98
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nice analysis bro
DU09
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@Andreas65, Thank you bro
signaturs
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July!!!!!
DU09
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@signaturs, This summer is posed to be BALISTIC, ETH 10K gogogo!
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