Ethereum Gives Up $3K

22 Nis 2022

Ethereum has rejected $3148, exhibiting a classic double top pattern before crashing back to $2965, giving up the 3K handle entirely. We are currently seeing support from this level, and teseting $3042. We saw a red triangle on the KRI confirming resistance there and are at the base of the 3K handle at the time of this writing. We should see support from $2852 or $2762. If we are able to break out again, then $3148 should provide resistance.