Ethereum has been consolidating around $525 after the rally on Thursday.
At the moment price is struggling to break above the consolidation before the last drop which is around $550.
If price reacts from the support level around $500 we can expect a continuation up to the flip zone around $650.
If price breaks the support we can expect a drop down to the next support level around $420 before a new rally.
Good Luck,
CryptoTrendline
At the moment price is struggling to break above the consolidation before the last drop which is around $550.
If price reacts from the support level around $500 we can expect a continuation up to the flip zone around $650.
If price breaks the support we can expect a drop down to the next support level around $420 before a new rally.
Good Luck,
CryptoTrendline