FREE ETHEREUM ANALYSIS UPDATE
Will Ethereum hold the 3k psychological support
- Yello, ladies and gentlemen !
Previously we pointed out that ETH is trading at the resistance and there must be a daily break and close above resistance for the uptrend to continue. The ETH didn't break $3533 and correction took place.
Currently Ethereum is trading right at the $3000 psychological support, a level of interest for buyers. At this point, we don't know if 3k support will be respected, but if it will, ETH will continue the long-term uptrend.
The long-term uptrend remains valid because ETH/USDT is trading within an ascending channel. Besides, since the $2144 bottom formed, ETH price has been producing higher highs and higher lows.
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