Ethereum Tests Highs... Can it Break Out??
Ethereum is testing highs at $3563, though the price action is rounding off, and the Kovach OBV has flatlined. This suggests that we may see a retracement soon. If so, anticipate support at $3324, or $3200. Weakness appears to be setting in with the crypto market, but if not, it will take considerable volume to break $3563, and the next level above at $3646. We have significant resistance above, confirmed by red triangles on the KRI. If we are able to punch through then $3765 is the next target.
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