Ethereum is breaking important resistance
Hi guys, let's review the current situation on Ethereum.
Ethereum price finally managed to break 1915-1935 resisnace and now looking at 2000 level.
It took some time to break this resisnace and I didn't expect that ETH will manage to do this but good sentiment on the market and Bitcoin reaching 31k helped it a lot.
Also, recently there were news about new crypto exchange for institutional traders EDX on which only 4 assets will be traded and one of them is ETH. This news apparently helped ETH price to rise.
Now 2000 resistance level will be a major target for ETH. If it manage to break it than the road to 2100 and even higher will be open.
Overall, I expect that ETH at least will test 2000 level and from there will be some correction phase at least up to upper bound of 1915-1935 area.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
Ethereum price finally managed to break 1915-1935 resisnace and now looking at 2000 level.
It took some time to break this resisnace and I didn't expect that ETH will manage to do this but good sentiment on the market and Bitcoin reaching 31k helped it a lot.
Also, recently there were news about new crypto exchange for institutional traders EDX on which only 4 assets will be traded and one of them is ETH. This news apparently helped ETH price to rise.
Now 2000 resistance level will be a major target for ETH. If it manage to break it than the road to 2100 and even higher will be open.
Overall, I expect that ETH at least will test 2000 level and from there will be some correction phase at least up to upper bound of 1915-1935 area.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
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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.
✅ FYBIT exchange. I recommend. No KYC, available in all countries. fybit.com/Account/Register/OMNP5
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
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.