Ethereum: Despite Recent Volatility, Analysts Believe ETH Could Soon Test $363

Despite Bitcoin being in a firm uptrend over the past few months, the aggregated crypto markets have largely experienced lackluster price action, but Ethereum (ETH) may be one of the few exceptions as it has been closely tracking BTC as of late.

Because ETH has been closely tracking BTC, it has experienced large volatility over the past week, setting fresh year-to-date highs before quickly plummeting lower. Now, analysts believe Ethereum is ready to continue its upwards ascent, which may mean that it will target $363 next.

Ethereum Finds Support at $300 as Volatility Ramps Up

At the time of writing, Ethereum is trading up nominally at its current price of $307, up slightly from its daily lows of $295.

Over a one-month period, it becomes clear as to just how volatile ETH has been as of…

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