Can Ethereum Regain $1300?

3 Eki 2022

Ethereum has edged lower with the rest of the crypto market. We have pulled back further and further from $1341, our support level above. Multiple red triangles on the KRI confirm resistance to the upside. We made a run deeper into the $1200's, but have found some meager support and are currently hugging the $1300. If we see more momentum come through, the next target is $1341 which is sure to provide resistance. As a floor, we should expect $1235 to provide support.