As previously mentioned in our analysis, $ETH performed stronger than $BTC. Breakup $1625 will flip positive. Now it has jumped out of the downward channel.
The whole movement is still stronger than BTC. Here is at the center of a battle between long and short. Breaking it up and holding it above this support will open up more space up to $1858.
The long-term bullish support channel is the core support area, where the price is usually kicked back upon drops.
The whole movement is still stronger than BTC. Here is at the center of a battle between long and short. Breaking it up and holding it above this support will open up more space up to $1858.
The long-term bullish support channel is the core support area, where the price is usually kicked back upon drops.