Ethereum Smashes Through Key Levels

22 Ağu 2022

Ethereum has tumbled with the rest of the crypto market. We have blasted through a cluster of strong support levels in the $1700's and $1600's. The last of these levels at $1653 did little to provide support. We are currently testing the next level below that at $1547. We are currently seeing support there confirmed by green triangles on the KRI. If we fall further, we might see support at $1424, $1341, or $1235. If we pivot higher, then $1653 is the next target.