Ethereum sold off, but has found support just above our level at $2025. We appear to be forming a bear wedge about this level. We have just broken through $2124, but there does not appear to be the momentum we would like in order to continue breaking resistance levels. The next level of resistance is $2232. After that, we should have no problems reaching $2400, but we need a good burst of momentum, otherwise ETH is likely to range. Another wave of bear momentum could easily take us back to $1945. The Kovach OBV has fallen sharply.
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