After the break above 1830 resistance at the beginning of the month, Eth has started to consolidate again in a 100usd range.
The structure is bullish and there are great chances of a break of the resistance.
In such an instance the price could rise to the psychological 2k, but more importantly, it opens the door for technical resistance at 2.3k.
In conclusion, I will keep a close eye on the 1930 level for a solid 20% possible rise.
A drop under 1830 would put Eth in no man's land
The structure is bullish and there are great chances of a break of the resistance.
In such an instance the price could rise to the psychological 2k, but more importantly, it opens the door for technical resistance at 2.3k.
In conclusion, I will keep a close eye on the 1930 level for a solid 20% possible rise.
A drop under 1830 would put Eth in no man's land
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As explained in analysis, the most abvious and logical target is 2.3k zone