Ethereum Holds the Bull Trend

10 בפבר׳ 2022

Ethereum is continuing the bull trend with momentum picking up. The Kovach OBV is still strong and we have not seen a significant retracement. We are within inches of our next target at $3324, with some red triangles on the KRI confirming resistance. In the event of a retracement, $3200 should provide strong support, where it once provided resistance. But after this, there is a vacuum zone to $2965. If we are able to push higher, $3416 is the next target.