In this time frame, after the sharp growth, the price hit the resistance range of $1762 several times and was rejected. And the upward trend line has also broken down and we expect the Ethereum price to fall to the 0.5 and 0.618 Fibonacci range. But if the volume of purchase is such that the price can cross the resistance range of $1762, we will see a further rise up to the range of $1912.
Resistance range: 1762-1824-1912
Support range: 1517-1569-1620
Resistance range: 1762-1824-1912
Support range: 1517-1569-1620
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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.