Ethereum: ⬆️ Buy
– Ethereum moving inside sideways price range
– Likely to rise to the resistance level 2754.00
Ethereum cryptocurrency recently reversed up from the support zone between the support level 2435,00 (lower border of the active narrow sideways price range from May), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from May.
The upward reversal from this support zone continues the active minor impulse wave 3 of the intermediate impulse wave (3) from last month.
Ethereum can be expected to rise to the next resistance level 2754.00 (upper border of the active sideways price range).
Source: Fxpro
