If ETH successfully bounced from support then recently created major resistance is at about $4450, however at this point we cannot be certain that we are out of the woods and I think the next hours will decide whether we are in for a bit more of decline before climbing back up.
If we indeed managed to bounced successfully then we need to break through $4340 to confirm it.
If we didn't we will retest support and bulls will try to bounce again. Personally I do not see ETH breaking through support but as always do your DD.
I am very bullish about ETH into 2022, but slightly sceptic about 10K eyo and other price targets shared by crypto community. Happy Trading. JR
If we indeed managed to bounced successfully then we need to break through $4340 to confirm it.
If we didn't we will retest support and bulls will try to bounce again. Personally I do not see ETH breaking through support but as always do your DD.
I am very bullish about ETH into 2022, but slightly sceptic about 10K eyo and other price targets shared by crypto community. Happy Trading. JR