Ethereum is forming triangle pattern. If the upper boundary breakout the triangle, we can see definitely good potential for long entries with target 3000-3200$.
On the other side if the price breaks out the lower boundary of the triangle we can see test and break of 2000$-1800$
In a Daily chart ETH/USD found support at the previous key area of interest, it is about to retest resistance 2900$, if the price pass through this level, next are predicted from the analysts is 3200-3500$
As long as BTC remain stable, ETH has the chance to recover in the bull direction.
On the other side if the price breaks out the lower boundary of the triangle we can see test and break of 2000$-1800$
In a Daily chart ETH/USD found support at the previous key area of interest, it is about to retest resistance 2900$, if the price pass through this level, next are predicted from the analysts is 3200-3500$
As long as BTC remain stable, ETH has the chance to recover in the bull direction.