Ethereum Reestablishes the $1200's

11 Eki 2022

Ethereum has weakened with the rest of the crypto market, establishing support around $1280 or so. Support is confirmed by green triangles on the KRI, and we have added $1288 as a new technical level, as we have seen support there over the past month. If support breaks then $1235 is the next level down, and we should see further support there. If we attempt a rally, $1341 is sure to provide resistance.