In our previous analysis on ETH (Aug 24), we mentioned that if $1523 was broken, there would be a large slide. After the downfall, ETH held $1437 and bounced back. Short-term resistance is at an area between $1620.41-$1625.85, breaking up on which for 24 hours will the movement turn positive.
The movement of ETH is stronger than BTC, however, only by breaking up the key short-term resistance will it start a bullish consolidation.
The long-term bullish support range is the core support of ETH. Springs happen here quite often.
The movement of ETH is stronger than BTC, however, only by breaking up the key short-term resistance will it start a bullish consolidation.
The long-term bullish support range is the core support of ETH. Springs happen here quite often.