Ethereum has rejected its attempt for the $3K's. We saw strong resistance at $3K, with several red triangles on the KRI and a rounding top in the price action. We have sliced through three major levels with the selloff in a stairstep type pattern. We broke $2852 and $2762 with ease and currently appear to be making a run for $2651. The Kovach OBV is arching down, but we might bottom out soon. If so, $2651 or $2556 are good candidates. If we somehow rally, then $3K remains a barrier.
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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.