Ethereum is still consolidating following the rally and the reaction from the flip zone around $700.
Just as in Bitcoin, we can expect price to break out of the consolidation range soon.
If price continues the move up and starts trading above the flip zone, we can expect it to reach the resistance around $850.
If price starts to move down, the next support areas are around $575, followed by $500.
Good Luck,
CryptoTrendline
Just as in Bitcoin, we can expect price to break out of the consolidation range soon.
If price continues the move up and starts trading above the flip zone, we can expect it to reach the resistance around $850.
If price starts to move down, the next support areas are around $575, followed by $500.
Good Luck,
CryptoTrendline