Ethereum has caught momentum and we have broken through relative highs. The level $3324 provided significant resistance recently, but it is now providing support. The Kovach OBV is still a bit flat, and is turning over, so we will see if we have enough momentum to sustain these highs. If not, $3200 should provide support. There is a fairly wide gulf between current levels and our next target at $3473.
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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.