Ethereum

Ethereum Tests Lower Levels

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Ethereum topped out just above $2232 and immediately retraced back to its comfort zone at $2025, the last technical level in the $2K handle. The Kovach OBV has dropped sharply but has leveled off suggesting that we may stay here for a bit to establish value. We do have a vacuum zone to $1945, so be careful. A full retracement could take us back to the $1700's. From above, we will need to conquer $2232 again but after that there is a vacuum zone to $2400.

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