ETH/USD bulls have made a strong comeback in recent days. Following Monday’s +13.0% advance and Tuesday’s +7.0% push, the major altcoin is within reach of challenging all-time highs of $4,092. Following the break of key resistance at $3,677 (now serving as support) and April’s high of $3,726, the path of least resistance is towards all-time highs.
You will note that price action formed an indecision candle on the retest of $3.677 as support, with buyers seemingly in command as of writing.
You will note that price action formed an indecision candle on the retest of $3.677 as support, with buyers seemingly in command as of writing.