13 hours ago
Mirjan Hipolito
Cryptocurrency and stock expert
13 hours ago

Lark Davis targets Ethereum at $3,300 as bull flag forms

Lark Davis targets Ethereum at $3,300 as bull flag forms @TheCryptoLark: Lark Davis targets Ethereum at $3,300

Crypto analyst Lark Davis signals a potential price target of $3,300 for Ethereum as it consolidates within a bullish pattern.

Ethereum has experienced a major breakout from a prolonged multi-month range, presenting an opportunity for traders. Davis highlights the formation of a bull flag, a technical pattern often indicative of continued upward momentum.

Traders can capitalize on this potential move with platforms offering privacy features, such as Bitunix, which offers bonuses for new users opting to trade now. This aligns with the cryptocurrency community's ongoing focus on privacy and freedom in trading environments.

Davis’s outlook for Ethereum builds on earlier market developments, including the impact of significant ETH movements such as SharpLink's acquisition of 10,000 ETH from the Ethereum Foundation. Shifting sentiment among traders and institutions brings to mind the broader context where Bitcoin is increasingly viewed as the new gold, underscoring evolving strategies in digital asset portfolios.

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