ETHEREUM Coming Up On Big $700 Resistance Level

in ethereum •  7 years ago 

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Ethereum has seen a nice little rally after settling price movement below $660. Now, we are seeing ETH approach a big level that might see some rejection. The $700 level meets with down trend resistance levels as well as price action and psychological resistance.

Addiationally, technical indicators on shorter trend charts are favoring bearish pull backs. Stochastic RSI and RSI are coming into the overbought areas and we will need to see volulme here to break these level.s

Support is now at the $680 level.

Happy trading!

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next few weeks should be interesting

I agree! Still no commitment yet from me until we see a stronger breakout.

Agree, ETHEREUM Coming Up On Big $700 .

Anniversary pump incoming?

haha right? rally til June 12th, then dump through July....trend life :P

Hope so now it will go to up .