Ethereum Price Analysis: Bears Poke Their Face as ETH Slides Towards $2K

Ethereum Price Analysis: Bears Poke Their Face as ETH Slides Towards $2K

From cryptopotato.com

Ethereum is up by a total of 11% over the past week, which allowed it to set a new ATH yesterday at $2151. Despite setting a new ATH price, the cryptocurrency could still not close a daily candle above the early April resistance at $2141 (1.272 FIb Extension). As a result, Etheruem rolled over today as it dropped back beneath $2100 to reach the current $2041 level. This support is provided by the high that was set during February 2021. Moving forward, if the bears break beneath $2036, the first level of support lies at $2000 (.236 Fib). Beneath it, support lies at $1914 (.382 Fib), $1843 (.5 Fib), and $1772 (.618 ... (full story)

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