Positive swing
Over the past 24 hours, Ethereum has been falling to the $1,600 support area, and we've seen a positive swing on it with a strong reaction to this support level.
There is currently support in the range of $1622-1635, which is expected to maintain this range and a positive reaction from this level to continue the daily uptrend. In this case, the price increase can continue up to 1730 and even 1790 dollars.
But if there is no positive reaction in the retest of this support, we can expect the price to drop and enter the $1,500 channel.
There is currently support in the range of $1622-1635, which is expected to maintain this range and a positive reaction from this level to continue the daily uptrend. In this case, the price increase can continue up to 1730 and even 1790 dollars.
But if there is no positive reaction in the retest of this support, we can expect the price to drop and enter the $1,500 channel.
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