Ethereum has rejected $3148, exhibiting a classic double top pattern before crashing back to $2965, giving up the $3K handle entirely. We are currently seeing support from this level, and teseting $3042. We saw a red triangle on the KRI confirming resistance there and are at the base of the $3K handle at the time of this writing. We should see support from $2852 or $2762. If we are able to break out again, then $3148 should provide resistance.
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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.