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Ethereum: Why Everything Hinges on $1,680
The crypto market has entered a period of indecision, and Ethereum is no exception. Since the 17th, ETH has managed a $150 range with alternating red and green days. You want to avoid this type of price action at all costs. Even the September 2021 high at $1,790 doesn’t seem to matter much anymore, given that Tuesday’s session closed above but failed to hold on Wednesday. However, the key for Ethereum bulls this week is to hold the market above $1,680. Why $1,680? Because it’s the top of a symmetrical triangle that dates back to September 2021. That $1,680 area is critical support this week. It also means that ... (full story)
