The recent (BTC) price correction inflicted double-digit losses on many altcoins and while Ether (ETH) also took a knock, it recovered quickly compared to the price action of other top-ten altcoins. Since dropping 17.67% to $237.62 on Feb. 16, Ether has rallied 20.78% to $285.99, less than $5 away from its 2020 high at $289.26.
Currently, two of the three price targets discussed in previous analysis have been hit and now that the altcoin prepares to overtake it’s 2020 high, traders have likely set their sights on targets above $300.
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Source: Cryptocurrency - investing.com
