Ethereum Wavers in the $1K's

21 ביוני 2022

Ethereum is edging up, but facing incredible resistance from $1150 or so, just under our level at $1235, confirmed by several red triangles on the KRI. The Kovach OBV has lifted notably, suggesting a bull divergence. We may be coiling up for a breakout, but we need momentum to follow through before we can break $1235 and hit the next target of $1341. If we don't see any momentum, then we will likely reject current levels finding support at $1017, or lower.