🚨Critical levels of the most important digital currencies..is it time for the summit? 2🚨

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(ETH) Ethereum

Chart of the US dollar against Ethereum currency pair

There is a similar appearance to the Bitcoin chart in the Ethereum market. Ethereum also continues to find support in the lower region above the recent highs of the $1,700 range.

And according to the latest forecasts, $1,750 is still the crucial support point for ETH. The price, which is hanging below this level, was also defended last week at $1,730. And this week, the nearest support area of ​​$1,750 is on the agenda.

In the upper area, $1,800 (Fibonacci 1.272) appears as obvious resistance, while $1,840 (Fib 1.414) currently remains as a second resistance point on a bounce outside this area. And if Ethereum can protect the support area with the day closing above $1,750 in this week's transactions, then an attack could be seen on the $1,900 range. And depending on the size of the bounce, we might see ETH move towards the $2200 level.

As for the lower area, below $1,750, the next support area stands at $1,700. In case of a potential breakout, USD/ETH will see a correction to $1,580.

So what do you think......

In the comments.......

@HLSPORTRAIT