ETHUSD long view

The price of Ethereum should soon reach the resistance zone at the $ 2,100 level. We could expect the next resistance at that level if we don't see a strong break above. We need the price to rise to a minimum of $ 2,200 level in order to create space for a potential correction and then make a new bullish impulse. If the price succeeds, our next bullish targets are $ 2,300, $ 2,400 and $ 2,500 levels. We need a new negative consolidation and pullback first to the $ 2000 level for the bearish option. Then if bearish consolidation continues, we move on to the previous support zone around $ 1900 price. Staying longer in that zone could create bearish pressure that would continue to lower the price further towards 1800 dollars; our May minimum is 1697 dollars.