quantguy

Sub $2K Ethereum?? 😲📉

BITSTAMP:ETHUSD   Ethereum
Ethereum is sub $2K!! This is an incredible blow to Ethereum, and a bit of a surprise as $2400 seemed to be holding strong. Now $2400 will be providing resistance, but we will first need to contend with $2143 and $2232 first. There does appear to be a cluster of levels around $1900 which seems to be providing support for now. There are large vacuum zones above back to the levels discussed above. We can only hope that those levels of support in the $1900 handle will hold. We are currently seeing a green triangle form at $1958 on the KRI, which suggests we may be seeing the bleeding stop for now.

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