Ethereum continues to range between $1748 and $1906. It did not get much of a lift from the Bitcoin rally. It is currently in the middle of this range, so it could go either way. We will obviously have support at the upper and lower bounds of this range, but if we breakdown, we could see support at $1694 or $1654. There is a signicant vacuum zone above back to highs at $2025 or so. The Kovach OBV is pretty strong but may be rounding off, suggesting momentum may weaken.
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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.