Ethereum Continues the Range

25 Tem 2022

Ethereum has retraced from highs around $1600, but is holding a sideways corrective pattern. We have solidly established the $1500's with the lows of the range extending just above our level at $1424. At the time of this writing we are at the lows of the range. A rally could take us back to $1600 or so. We should have support from $1424 if we reject current levels.