Ethereum Narrows the Range
Ethereum has ranged at the levels we identified yesterday: $2651 and $2965. It appears that the price action is 'rounding off' and the Kovach OBV is slumping. This could indicate a test of lower levels like $2400. If we catch some momentum, we will have to break $2965 again, but after that there is a vacuum zone to $3240 at a Fibonacci level, then $3500, an important technical and psychological level.
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