ETH spent several hours in the $52-55 range and almost no time spent in the $48-52 range. Price is currently at the bottom of an upward trending channel.
If ETH breaks $47 it could possibly enjoy a run up to $55, trading back into where a fair amount of volume is waiting to settle up.
If ETH breaks $47 it could possibly enjoy a run up to $55, trading back into where a fair amount of volume is waiting to settle up.