Ethereum is at a make it or break it moment. It is currently trading on a significant upward support line. We want to see a bounce here otherwise we will definitely go to lower prices. We have already seen over a 20% correction for Ethereum from its highs. Taking a Fibonacci from the previous low on the trendline to the highs shows us that currently the 0.5 level is held, this could act as a very strong support. This could be a massive reversal sign for the Ethereum price and we could see higher prices very soon.