<ul class="news-points"> 
 <li><strong>According to Michael van de Poppe, even if it corrects to $1,900, ether’s trend remains up.</strong></li> 
 <li><strong>The crypto analyst projected ether to reach $3,400 – $3,800 in Q1 2024.</strong></li> 
 <li><strong>Ether’s latest correction happened this Monday, when the altcoin’s price dropped sharply to $2,145.</strong></li> 
</ul> 
<p>Even if it corrects to $1,900, ether’s trend remains up, according to Michael van de Poppe, CEO of MN Trading. In a recent post on X (formerly Twitter), Van de Poppe projected ether to reach $3,400 – $3,800 in Q1 2024.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ethereum</a> making a positive support and resistance flip at the $2,125 mark.<br><br>Even if it corrects to $1,900, the trend remains up and the next area for resistance is found at $3,400-3,800 in Q1 2024. <a href="https://t.co/F5fThIqONl" target="_blank" rel="nofollow">pic.twitter.com/F5fThIqONl</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1735220325887987803?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 14, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
<p>The crypto analyst shared an image of <a href="https://coinedition.com/ethereum-eth-price-prediction/">ether’s price action</a> on the 3-day time frame, noting that the flagship altcoin is making a positive support and resistance flip at the $2,125 mark. Van de Poppe applied the Fibonacci retracement indicator on the chart analysis and used the projection from the indicator to derive his target for the ETH in the coming year.</p> 
<p>Ether’s latest correction happe…</p>
<p>The post <a href="https://coinedition.com/ethers-uptrend-to-continue-to-3800-by-q1-2024-crypto-analyst/">Breaking: Ether’s Uptrend to Continue to $3,800 by Q1 2024: Crypto Analyst</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Breaking: Ether’s Uptrend to Continue to $3,800 by Q1 2024: Crypto Analyst

Coin Edition

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