Ethereum finally broke its resistance of 1830 usd. This is a welcome break after a 17 days sideways period.
Right now we're at day 25 out of the on average 65 days cycle of Bitcoin. I'm using Bitcoin as a reference as Ethereum is highly correlated to that asset. Meaning we still have a max of 2-3 weeks of upside potential, as I expect us to have peak at the right side of the halfway point of the daily cycle.
I believe this move will bring Ethereum at least to 2k usd as that is where the next resistance resides.