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Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=Analysts%20Expect%20Further%20Upside%20for%20Ethereum%3B%20Set%20Near-Term%20Target%20at%20%24230

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Transcript:

0:00:00 Analysts Expect Further Upside for Ethereum; Set Near-Term Target at $230

0:00:06 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.

0:00:12 Analysts are now expressing mixed sentiments when it comes to ETH, but are generally offering a sentiment that can best be defined a tempered bullishness, with some offering near-term targets of over $180, while others anticipate it to visit $230 next.

0:00:26 At the time of writing, Ethereum is trading down over 3% at its current price of $167, which marks a slight retrace from its recent highs of nearly $176 that were set yesterday.

0:00:39 It is important to note that Ethereum – unlike Bitcoin and other major altcoins – has been able to post a relatively strong bounce from its recent lows that were set at under $160 earlier this past week.

0:00:50 In the near-term, analysts believe that ETH could climb to the upper boundary of its recently established trading range between roughly $167 and $183, but it is imperative that it bounces at its current price level or else significantly further losses could be imminent.

0:01:06 CryptoGainz, a popular crypto analyst on Twitter, spoke about this in a recent tweet, noting that he thinks ETH will visit $180+ next.

0:01:15 “$eth looks good to me.

0:01:18 bullish s/r flip on the 30M.

0:01:20 rejection of lows on the 4H.

0:01:23 I think we see 180+,” he noted.

0:01:26 $eth looks good to me.

0:01:28 bullish s/r flip on the 30M.

0:01:31 rejection of lows on the 4H.

0:01:36 I think we see 180+.

0:01:50 Could ETH Soon Form a Fresh Upwards Leg Towards $230?

“Lending further weight to the bullish scenario is the bullish divergence printed on the wick down to $151. As such, I am expecting some consolidation here followed by another leg up to test $230,” he noted.

Thanks for checking out this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.

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In this video, we’ll be taking a look at yet another data point from the brilliant Plan B.

He’s produced a chart that demonstrates that miner capitulation tends to coincide with the generational bottom prices in the bear markets, ready to begin a fresh new market cycle and bullish trend.

We take a look at this data and consider ways in which it can benefit us as cryptocurrency investors.

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