Ethereum Mkaes a Run for $1600

Jul 20, 2022

Ethereum appears to have solidified the $1500's, making a run for $1600, where we are seeing resistance. Multiple red triangles on the KRI are confirming the resistance here. The Kovach OBV has slumped, so be prepared for a retracement, which could take us back to $1424 or $1341. If we correct further than that, we will find support around $1235. If we can sustain another breakout, there is lots of resistance in the $1700's, but $1821 will be the next target after that.