CryptoTrendline

Ethereum short term

BITFINEX:ETHUSD   Ethereum
Ethereum is still consolidating between support and resistance areas.

The possible scenarios remain the same as yesterday since there was almost no change in price.
If price breaks the resistance, it will likely continue up to the flip zone around $700.
If we see a breakdown, we can expect a reaction from the support level around $575.

Good Luck,
CryptoTrendline

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