ETH daily Chart, does the Ethereum could cross through $1275~$1285 resistence and stay above that?
Over the last couple of weeks, ETH has constantly bounced off the $1275 area.
The $1275~$1285 area is such an important resistance because it has been so in the past.
Hopefully we can close a daily candle above $1275~1285 This could signal the start of a stronger and longer-term bull trend. However, if we keep rejecting from $1275 the bulls might run out of cash very soon, giving more ammunition to the bears to drive the price towards $1000 and lower.
Over the last couple of weeks, ETH has constantly bounced off the $1275 area.
The $1275~$1285 area is such an important resistance because it has been so in the past.
Hopefully we can close a daily candle above $1275~1285 This could signal the start of a stronger and longer-term bull trend. However, if we keep rejecting from $1275 the bulls might run out of cash very soon, giving more ammunition to the bears to drive the price towards $1000 and lower.