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Ether's $7,000 Chart Target Requires a 193% Gain From Oct. 19

Ether's $7,000 Chart Target Requires a 193% Gain From Oct. 19

Photo: TokenPost

Ether (ETH) would need to climb about 193% from its Oct. 19 price to meet TradingShot's $7,000 chart target, which depends on a pullback followed by another rise. ETH stood at $2,392.96 at 1:57 p.m. ET (17:57 UTC) on Oct. 19. At $7,000, it would trade about 41% above its recorded high of $4,953.73. The target is a chart projection, not a price Ether has reached. TradingShot outlined the scenario Oct. 16 using a four-year rising price channel.

Source: TokenPost

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