Ethereum
Short

Ethereum Struggling with $3K

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Ethereum has made multiple attempts to reclaim the 3K handle with every attempt rejected. We are seeing the price action round off, with several red triangles on the KRI at $3042, suggesting this is a top for now. Unless more momentum comes through, we may see another dip to lower prices, like $2762 or $2651. However, we are seeing good support from $2852, which we anticipate holding for now. The Kovach OBV has dropped off a bit, dampening hopes for a bull breakout.

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