Ethereum Continues to Range
Ethereum is ranging with the rest of the crypto market. We had a bit of volatility bleed into ETH from news that Walmart was going to be accepting Litecoin payments. This turned out to be fake news, and the markets retraced all of that hype buying entirely. We saw support from lower levels in the 3K handle, namely, $3200 and $3148. We will have further support from 3K and $2965 if these do not hold. However, these lower levels are providing good support at the moment and appear to be great places to accumulate ETH.
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