Even though Ethereum is poised to rally, it appears the move will not be an easy ride for ETH, as several price levels have been observed acting as strong barriers against upside attempts. These barriers identified by Martinez include $2,668, $2,711, $2,774, and $2,827 at the Fibonacci levels of 1.272, 1.414, 1.618, and 1.786, respectively.
Presently, the altcoin is inching closer to the upper line of the triangle pattern at the $3,700 and $3,800 price range once again, indicating growing momentum. In the event of a breakout, Trader Tardigrade predicts a substantial surge to the $21,000 milestone.
