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Ethereum’s new all-time high prepares ETH for ‘continuation to $5,000’

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Cryptocurrency1 hour ago (Oct 31, 2021 02:00AM ET)

The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460.

ETH/USDT 4-hour chart. Source: TradingView

Here’s what anlaysts are saying about the market now that Bitcoin is finding support above the $60,000 level and Ether looks to enter price discovery.

BTC/USD 1-day chart. Source: Twitter (NYSE:TWTR)ETH/USDT 1-day chart. Source: TwitterBTC/USD 1-day chart. Source: DecentraderETH/USDT 1-day chart. Source: Twitter

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Ethereum’s new all-time high prepares ETH for ‘continuation to $5,000’

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