Ethereum is testing the upper bound of the range at $3646. We are seeing a red triangle on this level suggesting we may feel some resistance. The Kovach OBV is very strong, so we may anticipate a breakout. Ethereum has held this range for more than a week, and the longer volatility has consolidated, the more likely a breakout is. If so, the next target is $3861, the last level before $4K. If we retrace, there are several levels of support in the current range, but worst case we should find support at the bottom of the range at $3324.
Comment:
... aaaand BOOM!! Ethereum breaks out! Next stop, $3861!
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