A quick lock at Cindicator/Ethereum reveals that price has been pushed below the Cloud and has revisited and been rejected by the broken trendline. Dec 10 price touched the Monthly pivot point and has held above today. If price consolidates we may see some appreciation and perhaps another test of the trendline from below or a test of the Cloud. If price close below the Monthly pp at 9000Eth we will likely see a drop towards next support at 6520Eth. Bulls would like to see the Weekly S1 hold support for a start at 10250Eth.
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Price is approaching the next support level at 6520 Ether