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Tom Lee's Fund Analyst: Ethereum to Bottom Around $4300, Then Break Above $5100
BlockBeats News, August 26th, according to a tweet screenshot by Tom Lee, analyst Mark Newton, who accurately predicted last week that Ethereum would bottom out at $4070, stated that Ethereum has a good risk-reward ratio at this price. Unless the bull market trend is broken, Ethereum will not drop below $4067 again.
“Ideally, Ethereum will bottom out near $4300, then start to rebound, set a new high again, and break through $5100 to rise to around $5400-5450, which could be significant.”
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