Ethereum found some upside in July, finding the 1050 as a support level, the cryptocurrency is now trading just below the 1265 resistance level.
Sentiment has been improving for the major crypto currencies (hence the price increase) but the general market is still susceptible to shocks.
I would look for a clear break upwards before thinking of a sustained recovery, but general anticipation is for price to continue within the current range.
Sentiment has been improving for the major crypto currencies (hence the price increase) but the general market is still susceptible to shocks.
I would look for a clear break upwards before thinking of a sustained recovery, but general anticipation is for price to continue within the current range.
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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.