Ethereum has given up the $3K handle, falling from $3042 all the way down to the mid $2400's. We are currently seeing support from $2454, but if this does not hold, we will see support at $2402. There is a low of $2324 which will likely hold in the event of another selloff. However, if not, there is a vacuum zone to $2332. The Kovach OBV is pretty lackluster, but if we do see a burst of momentum, $2651 and $2762 are the next targets.
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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.