Ethereum has received some support at $2400 and is tepidly testing $2651 at the moment. It will need some momentum to test $2800 again and eventually break this level. We can anticipate more ranging and consolidation as we have been seeing until it builds up the momentum to break through. Anticipate resistance at these upper levels and potentially a test of $2400 again or below. Our min lower bound appears to be $2232, but we also seem to be forming a bull wedge and could easily return to upper levels first. We need momentum for that, however and the Kovach OBV has flatlined. It appears we may be starting to see it turn up, though. This could be the beginning of a bullish attempt.
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