Ethereum Surges 37% as DigiTap Presale Kicks Off with Live Beta App
Ethereum's recent price surge has put the $3,000 level firmly back on traders' radar. The cryptocurrency's 37% rally over a 10-day period created a technical setup that could support another move higher if buying momentum returns.
The current bull flag pattern follows a strong upward move with a tighter period of sideways trading, and its measured target points toward roughly $3,050. Breaking through the resistance region around $2,550 to $2,600 could bring $2,800 into focus before Ethereum challenges the larger $3,000 to $3,050 target zone.
DigiTap, a challenger to established crypto-card ecosystem tokens, is approaching the market from a different stage. Its beta app is already downloadable and includes wallet, card, and payment functionality while its token remains in presale.