Ethereum is finding support at $1800, after rejecting $1872. From here it could find further support at $1750, which seems to be the neckline of an inverse head and shoulders and should provide significant strength. If it breaks down from there its a very bearish sign and we could easily see lows again at $1547. If we catch momentum then $1906 is a great target. Broadly, we are holding the range in tandem with the res of the cryptoverse. We are not seeing the momentum of a proper crypto moon, so we antcipate continued ranging between the broad range of $1547 and $1906.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.