Ethereum will probably break resistance

13 kwi 2023

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

14 kwi 2023

Komentarz

Eth has broken above technical 1930 resistance and also above 2k psychological figure.
As explained in analysis, the most abvious and logical target is 2.3k zone