Ethereum caught a lift with the rest of the crypto market. We were able to reach $2965, which is currently providing resistance as confirmed by a red triangle on the KRI. The Kovach OBV has picked up slightly but at the moment, momentum has stalled and we will need a lot more to break through $3K. If so, $3042 is the first level in the $3K's to provide resistance. If not, we could feel out the range between $2762 and $2965 with $2765 likely to hold as a floor price for now.
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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.