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Ethereum (ETHUSD) closing in on $1800 again

09 Feb, 2021

The surge in Bitcoin yesterday and again so far today has not been lost on Ethereum. The second biggest coin in the crypto sphere has taken full advantage of the Elon Muck inspired pump. That has not only allowed Ether to reach a new record high today, but also to close in on the 1800 handle and immediate price objective that had been highlighted here last week. Granted it fell back almost $300 in the process before reaching this new record, but that is the nature of price action at the moment. The move higher today has risen to as high as 1795 a few moments ago and surely has a test of that 1800 handle at any minute. Once again though the price action is fast and furious and hesitation and inertia are two things to avoid if involved in this one today

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