Ethereum Edges Higher

Aug 31, 2022

Ethereum has gained some strength pivoting off $1424, and breaking through $1547. We are making a run again for $1653, but encountering solid resistance confirmed by multiple red triangles on the KRI. Recall that we are encroaching upon a cluster of resistance levels starting at $1653 and extending through the mid $1700's to $1821, our final target if we are able to break through. If not $1424 is a likely floor.