ETHEREUM ANALYSIS 15M

In this time frame, the price entered the falling phase after being able to cross the support range of $1681 and is moving in a falling channel. If we can expect the price to rise, Ethereum can break the resistance range of its downward trend line and the volume of purchases will go up to the resistance range of $1718. Otherwise, it will continue to fall to the 0.618 and 0.786 Fibonacci support levels.

Resistance range: 1620-1681-1718

Support range: 1568-1516-1445

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SANAM