Ethereum has maintained a very narrow range over the weekend, and has dipped slightly as we head into today's session. The $2100's seem to be a hurdle for ETH, and we are looking at support at $2087. If we break further $2025 will provide support and this is the last technical level before $2K and below. We are seeing the beginnings of a bull divergence in the Kovach OBV and the price action. If we catch some momentum, $2232 is the next target, before $2400. We feel the crypto market in general is due for a good pump.
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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.