There was a strong surge in ETH price as the leading altcoin goes past the $600 and $620 resistance levels. The altcoin went to 650USD and can be assumed to be correcting gains.
Ethereum broke the support base around $600, which resulted in a sharp surge to beat the $620 resistance zone. If ETH goes upwards, $680 might be the next stop.
Major signals
- New bullish run drives ETH past $600
- The price might look low, but there are chances it goes up to $630
- The increase in the price pair is now above 10% as the price turns green
On the contrary, if it goes down, it can fall to the $630 level. An increase in price to $680 might take the coin to the $700 level. A fall in price can also take ETH down to $565 if losses continue.
Do you think ETH will hit the $700 level?
