The market has formed the full 1-5 Elliott Wave cycle, and logically now we should see some correctional movements on the Ethereum. The main resistance at the moment is located at $320, in case the price breaks through this level and takes hold above - the priority will be changed to an upward. However, if bulls are not strong enough to break through the resistance, the price would fall down to the strongest resistance (at the moment) - $280. However, I need to mention that there is another support - $300. Oscillators are oversold.
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