Can Ethereum Test the $1700's Again?

1 thg 9, 2022

The impending 'merge' this month is apparently doing little for Ethereum. We seem to see small pumps in the APAC session, which fade quickly in the NAM session. Yesterday, we managed to break $1547, but have since retraced to support here. If this level breaks, then $1424 is the next level below. If we can pivot off $1547, then $1653 is the next target, where we will begin to see resistance starting at this level and a cluster of levels above in the $1700's.