Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level

Ethereum and the entire crypto market have been caught within the throes of an intense bout of upwards momentum throughout the past few days and weeks. Where the aggregated market trends in the near-term will undoubtedly depend primarily on Bitcoin, and its present strength as it marches towards $19,000 is an incredibly positive sign for what’s next.

This would mark a nearly 10% rise from its current price level, which is reasonable considering the strength seen across the entire market at the moment. If ETH can maintain its strength and push higher, it could send the entire market into a full-fledged parabolic uptrend.

Timeline of Bitcoin, Ethereum