$ETH is bouncing quite strongly on the weekly and 2D charts. On the weekly, the previous support zone in the $2.3K-$2.4K range is now offering support and on 2D chart, the price is still holding above $2.4-$2.5K zone after the recent breakout.
In case ETH maintains this support, the upside target is at the $3.1K-$3.4K zone with a retest confirming the setup. In the worst case, if such support resists and ETH falls down, the breakout will be compromised and the top target will be achieved with more consolidation.
DYOR, NFA
#ETH #BTC Price Analysis# #Altcoin Season# #BNBChain# $ETH
In case ETH maintains this support, the upside target is at the $3.1K-$3.4K zone with a retest confirming the setup. In the worst case, if such support resists and ETH falls down, the breakout will be compromised and the top target will be achieved with more consolidation.
DYOR, NFA
#ETH #BTC Price Analysis# #Altcoin Season# #BNBChain# $ETH
