quantguy

Ethereum Still Strong

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BITSTAMP:ETHUSD   Ethereum
Ethereum has continued to rally, rocketing up to our next level at $1548. As predicted, this level is holding with red triangles on the KRI confirming the resistance. It appears we are stalling here for now and potentially may range for a bit to establish value as the markets equilibrate. If we are able to break out from here then $1653 is the next target. If not, we could retrace all the way back to $1424, with $1341 a likely floor.

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