CryptoTrendline

Ethereum Upside potential

BITFINEX:ETHUSD   Ethereum
Ethereum rallied on Monday and is now trading above the flip zone around $700.

The possible scenarios remain the same as yesterday since there was little change in price.
If the rally continues, we can expect higher prices up to last week's high and the resistance level around $850.
If price drops down to the flip zone once again, we can expect a reaction to the upside.

Good Luck,
CryptoTrendline

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