Ethereum caught a lift off the lower bound of the range at $2965. This was a level we had spelled out for you weeks prior, and it has held perfectly. Since then we blasted off past the midpoint of the range, to the last Fibonacci level before relative highs at $3324. We are currently finding support at $3200. Be careful because it is starting to look a bit overbought. There are some red triangles on the KRI and both Kovach Momentum Indicators are starting to 'round off' suggesting momentum may turn.
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