Ethereum Retraces from Highs

12 Eki 2021

Ethereum has dipped from highs at $3646. We have fallen through support at $3473, but appear to have stabilized at $3400. We are seeing three green triangles on the KRI, suggesting that we are encountering support, and this bear rout might be coming to a close. If so, the next targets are $3473 and $3563. If not, $3324 and $3200 are the next support levels from below.