Ethereum Rallies Over 10%!!

17 במרץ 2022

Ethereum has pivoted from $2500 or so and rocketed up to higher levels in the $2700's. The FOMC decision did great for "risk on" assets as we were predicting in these reports. The Kovach OBV has ripped higher, but is starting to level off as ETH finds resistance at $2762. This remains a barrier confirmed by a red triangle on the KRI. From here we could range further, which is likely as ETH feels out this price range. If we retrace, the $2500's should provide a cushion. The next target is $2852, though it is doubtful we will test that.