ETHUSD chart overview

Ethereum price retested support at the $1200 level yesterday. After this, we returned to the zone of the previous movement around the $1220 level. We need a more concrete break above and a move to $1250 if we want to see any progress. Then we need to hold up there and form a new bottom for the next bullish impulse. then we would have a chance to reach $1,275, and maybe $1,300.