Ethereum will move towards $2000 by maintaining this range
It seems that this trend line is no longer attractive to the bulls and cannot have a significant impact on the ether price as before. Currently, the price range of $1,550 (blue box), which is located near this trend line, seems to be a better area for buyers to enter. Since the beginning of Ethereum's upward trend, this range has been one of the most traded price ranges, and on the other hand, it has become one with the 0.38 Fibonacci correction level of the main upward wave.
ETH is expected to hit this supported range and move towards its recent ATH around $2150. On the other hand, it should be noted that if the price falls further and the blue box is broken, the two ranges of $1,300 and $1,230 will play the role of main supports.
ETH is expected to hit this supported range and move towards its recent ATH around $2150. On the other hand, it should be noted that if the price falls further and the blue box is broken, the two ranges of $1,300 and $1,230 will play the role of main supports.
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