Despite the large outflow of money from the Cryptomarket which reached a low of 650 Bln $ and which has created a drop in most of the market, ETH has only made a minor drawback and hasn't even reached the Kijun Sen (white equilibrium line). It found support by the Weekly R1 and previous highs around 1230. If price falls below this level we may see a test of the Kijun line, but overall the pair is looking very strong and is currently on a steady Bull run despite market dumps. Unless price close below the Kijun, more upside is likely.
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