Ethereum in a bullish formation, look out for dips!

Ethereum is rising nicely as expected and we can see an impulse Elliott wave formation with first major support at 1162 (Fibonacci retracement, horizontal pullback support) where a further rise could occur from to push price up towards 1282 resistance (Fibonacci extension, horizontal pullback resistance, elliott wave structure).

RSI (34) is seeing ascending support hold up price really well in this bullish run.

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