ETH still needs a little more recovery from the last big push. I think we will see it come back down closer to the 1st support line (~720-730) for a short period (few days) before we start seeing the climb to the mid to upper 900s and 1k target. The longer intervals are still showing MACD
, and RSI
recovering and still showing negative divergence. On Christmas I am expecting the next big move from ETH and we will see 1k be tested on Christmas or very shortly after.