Ethereum Losing Momentum

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Ethereum appears to be consolidating around $2600 exactly at the time of this writing. It seems to be making a meager attempt at $2965, but this is still one level above at the moment. The Kovach OBV is pretty bearish right now. We will need an influx of momentum to attempt higher levels. We could be forming a pennant consolidation pattern, and if so, we should see support at $2400. A further breakdown from this pattern could take us back to lows hear $1800.

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