The space between important resistances and supports

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Yesterday, Ethereum crossed the minor resistance level that we considered for it. This resistance, which was considered in the range of $1265 due to the strength of the buyer and the buying pressure behind it, caused the strong pump of Ethereum and the movement towards the resistance of the range of $1300.
The resistance in front of Ethereum is currently $1,353. If this resistance is broken, the movement towards high resistance will begin, which will continue until $1,400. The next heavy and major resistance is in the range of $1478.
On the opposite side, if Ethereum does not stabilize above the support of $1,320, the support ahead will be $1,300 (the bottom of the 61.8% Fibonacci range). If it cannot climb, the support of $1,265, $1,258, and $1,250 will wait for it.
Note that the RSI is now above the 50 level.
We will give updates in lower timeframes.

Penafian

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