Over the last couple of weeks, Ethereum has tested the indicated resistance zone above its ATH @ $1424.30. Recently, it has started another attempt to conquer this zone. Can Ethereum grasp a proper footing in this area? If so, the way paved for tackling new heights!
However, there is still a 40% chance that the price collapses if the resistance happens to be too strong. Then we will see the price drop below $1048.90 and even past $923.
Stay tuned for more Daily Market Updates!