Ethereum Loses Steam Below $1800

Ethereum made a notable run for highs, coming just shy of our target at $1821. We made it to $1790 or so, and were not able to test the $1800's just yet. However, we were able to break past that dense patch of levels in the $1700's, which started at $1653. We are currently finding support at the last of these levels, at $1748. If we see more momentum, we could easily hit our target of $1821. If not, then several levels in the mid $1700's should provide support including $1748, $1717, then $1694. The last level of support is at $1653, which we expect to hold as a floor for now.