Ethereum Bounces Back!!

Ethereum has gotten a lift back to the 3K handle suggesting that investors feel that the 2K handle is a bargain for ETH. We have crossed the vacuum zone from $2651 and broken through resistance at $2965. Currently we are meeting resistance at $3148, as confirmed by three red triangles on the KRI. This level and $3200 should provide formidable resistance and we are likely to retrace back to support at 3K or $2965.