ETH Breaks Holiday Highs

Ethereum has been extremely volatile lastly and traders are loving it. The volatility is still there and now we think Ethereum might continue to rise. Ethereum’s latest performance has the coin rising consistently over EMA 20 with support at $4355. Ethereum’s hourly chart shows a positive breakout from the consolidation zone with confirmation candles. Now that ETH is trading above November 25’s peak of $4556, the next stop could be $4800 on an attempt towards fresh all time highs.