Ethereum got a lift back to the $3K's with rest of the crypto market. We appear to be hanging on a by a thread, currently wavering about $3042. The Kovach OBV has barely ticked up with this rally, hence we are highly skeptical until more momentum comes through. If so, we should face resistance at $3200, which is our next target. A retracement could bring us back to $2965, or $2852, the latter being our anticipated floor price.
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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.