Ethereum has held its ground in the mid $3K's. We are currently leveling off in the narrow band between $3324 and $3473. We could be in the beginnings of a sideways corrective pattern. The Kovach OBV is still strong, suggesting that we could see another breakout and hit our target of $3563, that we predicted yesterday. However, we are starting to look overbought, suggesting that a technical retracement may come into play soon. If so, anticipate support at $3200.
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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.