Ethereum has broken past $3042 which was a prohibitive barrier into higher levels in the $3K range. We are facing steep resistance from multiple red triangles on the KRI, but seem to be inching further, currently testing our next level and target from yesterday at $3148. We are encroaching on a significant psychological and technical level at $3200. This must be solidly broken before we can make our way to the mid $3K handle. If so, $3324 is our next target. If not, then we should see support from $3042 or $2965.
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Join my discord at discord.io/quantguy
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.