The price of Ethereum follows bitcoin in its bullish ecstasy, and this morning we had a jump to the $ 2,000 level. Soon after that, the price made a new pullback and dropped to the current 1965 dollars. We may see a retest of the lower support at $ 1,900. If the price of Ethereum declines above, then it could make a longer bullish boost to the $ 2100 zone. And if we see a break below this support zone, we target a $ 1,800 level. It all depends on the way of consolidation that will take place in the $ 1900 zone.
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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.