MonoCoinSignal

Ethereum Retests Range After Breakthrough

BINANCE:ETHUSDT   Ethereum / TetherUS
Ethereum is retracing towards the support range subsequent to a decisive breakthrough of the upper boundary of the channel. Within this range, there exist three support levels, ranging from $1920 to $1910, comprising two fixed supports and one dynamic support. Consequently, it is anticipated that the pullback, resulting from the upper boundary breach, will elicit a favorable response within this range. Furthermore, this support range is recognized as the lower limit of the short-term ascending channel. As long as it remains intact, buyers can continue to pursue the price targets established within the $2000 price channel for Ethereum.

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