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Popular crypto trader Michael van de Poppe says that Ethereum (ETH) could still grow despite hitting a new all-time high of $4,428.
Van de Poppe tells his 459,000 Twitter followers that the second-largest crypto by market cap has flipped its support and resistance levels and that it appears ready to head towards a price tag of $5,000.
“Well done, ETH.
Good S/R flip and probably ready for continuation towards $5,000.”
However, van de Poppe believes that ETH could still correct before rising.
In the wake of Ethereum’s new peak, closely followed crypto investor Inmortal says that anyone who bought ETH has profited, and those who collected it when the price was cheap are “on the right side of history.”
“I can’t help but remember two years ago when ETH was at $100 and everyone was saying it was going to fail.
I accumulated despite the fear, and you know what? It’s an honor to be on the right side of history.”
Ethereum’s all-time high comes on the heels of its latest mainnet upgrade, which sets the stage for the blockchain to merge into a proof-of-stake system.
