The important support range of Ethereum

411
Yesterday, Ethereum broke its minor resistance in the range of $1,568 and once again broke the $1,610 resistance level. ETH's movement is within a narrow ascending channel (as you can see on the chart), with the ceiling of the channel at $1700 and $1800 being the ultimate targets for short-term buyers. We expect to see the range trend for Ethereum in these ranges. Of course, a range can be formed after the last possible upward movement of this trend.

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.