Within the past week we have seen a solid of around $980 but has traded to as low as $880. As of today now we see Ethereum hugging the 0.786 on the steadily hovering at $1050 and strongly supported. We have major resistance for Ethereum at around $1350 before we can start the charge on testing those all time high levels of around $1420.
If you believe in Ethereum this bull cycle then this is still a great time to accumulate and load up your Ethereum bags at these levels before we test new all time highs.
case scenario is alt-coins start dumping and we see Ethereum drop below $880 heading to the 0.618 on the putting us at around $750.
case scenario is that we continue to consolidate at these levels $980 - $1100 and start climbing towards new all time highs.
Cheers! Safe Trading and Investing.