quantguy

Ethereum Levels Off

BITSTAMP:ETHUSD   Ethereum
Ethereum has given up the $2K's but stabilized at $1872. We are seeing strong support at this level confirmed by green triangles on the KRI. The Kovach OBV has leveled off, rescinding highs it made in the $2K's a few days ago. We should have continued support from levels in the $1800's, but after that there is a vacuum zone back to the mid $1700's, with $1653 a floor price. If things pick up, then we must break $2025 before considering higher levels.

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