Ethereum found support after breaking through our level at $1341, briefly. We anticipated further support at $1235, but found it just above that level. Subsequently, we rallied back but fell short of the next level at $1424. The Kovach OBV has inched up a bit, but nothing to indicate we are seeing some serious mometum come through, which is not likely, at least before the FOMC tomorrow. If we do see momentum return then $1547 is a good target.
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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.