Ethereum has faced resistance on its slow trek up to test $3K again. We saw increased resistance from several red triangles on the KRI from $2852 to $2965. Our levels proved extremely reliable, and we have been voicing them all this week. Dedicated readers were prepared for that resistance, and our skepticism that Ethereum could break $3K just yet. It is likely that ETH will maintain the range between $2762 and $3K, unless crypto gets a good lift in general, from a rally in stocks for example.
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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.