Ethereum has steadily risen from $3680 or so, just above our technical level at $3646. We saw it steadily rise in a bull channel type pattern to regain the $4K handle. Ethereum seems to have established strong value in the low $4Ks, but it has dipped into the $3Ks several times within the past months, so we remain to see if we are out of the woods yet. If Ethereum cannot hold $4K, it is sure to dip deeper into the $3K's again, where $3861, then $3646 will provide support. If we can breakout from the waning ranging around $4K, then the next target is $4258.
Join my discord at discord.io/quantguy
