Ethereum Struggles with the $1300's
Ethereum got a boost from $1288, after testing below it briefly. We saw green triangles on the KRI as we dipped below this level, confirming support. The Kovach OBV has flatlined, suggesting that we will need more momentum to reach higher levels, though we have recovered the bottom of the $1300 handle for now. We are running into resistance confirmed by two red triangles on the KRI around $1320, so unless ETH can find a burst of momentum, it is not likely that we will hold these levels. If we are able to break through then $1341 is the next target. Anticipate support at $1288 again, or below at $1235 if we retrace.
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