Ethereum ETF in the Works!! What this Means or Ethereum Prices

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Ethereum (BITSTAMP:ETHUSD)

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BITSTAMP:ETHUSD Ethereum

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Ethereum has gotten a lift from a strong support level at $4450, as we anticipated yesterday. We are currently in the range between $4450 and $4670, also predicted yesterday. Kelly Strategic Management has filed for an ETF on Ethereum futures. Watch how the SEC responds to this, as ETH should rally on positive news regarding this ETF. But for now, We anticipate the price to stabilize in the current range. If not, we have support levels from below at $4341 and $4258, with a vacuum zone down to $4020. From above we have one more level at $4748 before we can consider highs at $4858 again. We have strong confidence that ETH will be holding the $4K handle for now.

Komen:

Ethereum has smasked through the levels discussed above! It is on the precipice of the vacuum zone down to $4020 😱😱

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