Ethereum Smashes Through Lower Levels

Ethereum sold off with the rest of the crypto market, giving the $1900's entirely and dipping in to the $1800's. We are currently finding good support from $1821, confirmed by a green triangle on the KRI. The Kovach OBV is largely flat, but has dipped slightly with the selloff. This suggests that we may not have enough bear momentum to break lower, but if so, we are clear to test lows around $1700 once again. If support pulls through, then we may reclaim the $1900's, and perhaps even make a run for 2K again. A hard upper bound can be expected at $2143.