Famous analyst warned investors: “ETH may not provide an opportunity!”

Crypto strategist Jason Pizzino in his latest video uploaded to his YouTube channel Ethereum (ETH)He made critical comments about

According to Pizzino, ETH’s average real range (ATR), which is an indicator for an asset’s range over a reasonable period of time, signals an impending breakout. Although the market is in a downward trend, the analyst who is hopeful for Ethereum said:

“ETH seems quite suitable at the moment. ATR may be a sign that the market will move upwards in the near future.”

Ethereum (ETH) may suddenly rise

Pizzino, ETHHe said that investors should pay attention to Ethereum’s ATR, saying that it may rise suddenly and leave many investors aside:

“This is where things get crazy for Ethereum; If you don’t have ETH, this can ruin your portfolio because you try to buy and the parity disappears before you buy it. “Everything looks good for Ethereum for now.”

He made his followers happy as an analyst who expressed his positive opinions about the leader of altcoins. The cryptocurrency market, which has been in a downward trend for a while, seems to have bored investors. However, Ethereum’s weak stance and its loss of value against BTC every day continues to confuse altcoin investors.

Ethereum, which is at a critical level both technically and spiritually, may see major sales if it cannot exceed $ 3500. Any period spent below $3000 will be dangerous for altcoins. Crypto investors are currently focused on the $3000-35000 range for ETH.