Ethereum was consolidating between $ 2,500 and $ 2,700 over the weekend. This morning we had another test of the 2500 support zone, and the price after that made a bullish impulse that climbed us to 2600 dollars. Now we need a break above this level and above moving averages. This could boost bullish optimism and increase the price of Ethereum with new customers. Our first target is last week's high at $ 2,750, and then the next is the $ 2,800 level. And our main target is $ 3,000 psychological level. For the bearish option, we need a negative consolidation and a withdrawal below $ 2,500. Then the March low to $ 2,450, and if it doesn't hold up, we go further down to $ 2,300.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.