Greetings! The situation is shown in the graph. The nearest support level is around $1050. Also, for a couple of days, the resistance line has been holding the price, which can be used for a quick deal. And so Ethereum is pressing towards the resistance level in the $1140-1150 region. It will not be easy to break it, but I am sure that the coin will not calm down at this price. I personally will trade breakouts. And so I think that Ethereum should take the targets of its previous maximum of $1400.
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Have a nice day and let the profit be with you!