Ethereum Tests $1800's

9 thg 6, 2022

Ethereum has leveled off in the $1800's after spending some time in the $1700's, with volatility consolidating immensely. We appear are seeing formidable resistance in the low $1800's, confirmed by several red triangles on the KRI. There does appear to be a bull divergence in the KRI, but we must break through $1906 before we can consider any rally to be significant. After that, we must be able to break 2K and hold it before getting our hopes up. If momentum fails to come through, watch the low $1700's for support. The level $1748 in particular appears to be providing good support lately.