Ethereum Still Strong

Oct 27, 2022

Ethereum has continued to rally, rocketing up to our next level at $1548. As predicted, this level is holding with red triangles on the KRI confirming the resistance. It appears we are stalling here for now and potentially may range for a bit to establish value as the markets equilibrate. If we are able to break out from here then $1653 is the next target. If not, we could retrace all the way back to $1424, with $1341 a likely floor.