ETHEREUM CLOSES THE MONTH ABOVE KEY WEEKLY LEVEL.
ETH just closed the month and is poised to close the week above the May 2021 high week close (HWC) 3584.21. A level that has provided a decent pivot in price and held the March 22 highs. We're looking to see if this level will continue to hold support now post breakout to challenge the yearly highs for a breakout of the yearly opening range. Next level higher (should price hold this level) is the record high week close 4615.46 backed by the record high 4943.73.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.