Bitcoin (BTC/USD) Support Test As Ethereum (ETH/USD) To Fresh Highs

But now that the coin has traded aggressively above this line in the sand, the big question is where it might stop, and there’s a dearth of historical implication to draw from. That 2500 level is also confluent with the 161.8% projection from the prior pullback, given perhaps even more motive for price action to pause or, perhaps even pullback when engaging with the psychological level for the first time.

ETH/USD DAILY PRICE CHART

Ethereum ETH/USD

Chart prepared by James StanleyEthereum on Tradingview

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