TWO-YEAR PEAK IN ETHEREUM ACTIVITY

It continues pricing in the 9070 to 9220 band range. If the cryptocurrency reaches sufficient volume in long positions to break 9220 resistance, 9330 and 9500 resistors will remain alive. In this case, it is beneficial to follow the 9070 support carefully in the sales pressure that may occur. Breaking support in the cryptocurrency located in the oversold region can trigger sagging up to 8800 and 8621 levels.

Testing the 228 resistance with the acceleration it received from the 223 support, ETHUSD experienced a return from the critical level to the 225 bands. Downward movements may realize if the strong 228 resistance in the cryptocurrency is not broken. If the sales pressure continues and 225 supports are broken, 223 levels can be followed in the first place. Negative behavior that can occur in 223 support can increase sales pressure and trigger pricing up to 215 support.