Held the top of the accumulation zone at $334 and 1st touched $353 level. I think ETH will continue rising through our 1st TP at $353 and touched $369, a monthly resistance level.
In recent news this week in DeFi nothing really happened. Nobody set new records for the fastest hack of a new contract, nobody famous exit scammed or pulled a crazy stunt. What really grabbed attention was the price tank of many DeFi tokens, such as the yield farming tokens YFI.
Although nothing notable happened, one fundamental that is still key is that the DeFi total value locked is still high at $10 billion.
Going long, here are my price targets
TP1 $353 (hit)
TP2 $369
TP3 $385
In recent news this week in DeFi nothing really happened. Nobody set new records for the fastest hack of a new contract, nobody famous exit scammed or pulled a crazy stunt. What really grabbed attention was the price tank of many DeFi tokens, such as the yield farming tokens YFI.
Although nothing notable happened, one fundamental that is still key is that the DeFi total value locked is still high at $10 billion.
Going long, here are my price targets
TP1 $353 (hit)
TP2 $369
TP3 $385
Trade closed: target reached:
TP1&2 hit and taken profits there, still holding out a moon bag for TP3 at $385
