quantguy

Ethereum Tests the $2K's Again!!

BITSTAMP:ETHUSD   Ethereum
Ethereum dipped into the $2K handle, but found support at $2800 and is currently making a run back for the $3K handle. But this is providing some resistance right now. Currently, we are just below $3100, in the midpoint between our levels at $2965 and $3148. It is reasonable for Ethereum to pause and seek value in this range, but the more comfortable we are around $3K, the more comfortable we will be breaking down to the $2K handle again. The Kovach OBV is all over the place, suggesting there is a lot of momentum in both directions as we seek to establish footing.

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