quantguy

Ethereum Holds the Range

BITSTAMP:ETHUSD   Ethereum
Ethereum dipped but has caught support at $3400 or so and rallied back up near relative highs. Broadly, we appear to be holding the value are between $3324 and $3646. The Kovach OBV is still pretty strong, but we are likely to see continued ranging until some momentum comes through. If we break out, the next target is $3861. If current support does not hold, watch for further support at $3200.

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