ETHEREUM PRICE MUST RETAKE $2,300 AS SUPPORT

The price must now retake $2,300 as support . If buyers succeed, the price could return to the top of the range at $2,400 . On the other hand, in the event of rejection at $2,300 , a return to the next support at $2,200 is possible. The RSI has been moving upwards since the break of the bearish trendline , buyers are taking advantage of the momentum .

Operators are increasingly active on the Ethereum network, as during the beginnings of bull markets. Technically, the price of Ethereum will have to break out of its range between $2,100 and $2,400 to continue its rise. If ETH explodes higher, altcoins could follow .