Can Ethereum Test Highs Again??
Ethereum is continuing a broad sideways correction in the upper 
4K handle. We saw strong support from $4450 where a selloff from highs found support. These lower levels were quickly rejected and we have found further support in the $4500's. Currently, we are hovering around $4670, and are likely to range here until further momentum comes through. The Kovach OBV has started to pick up sharply, so if we do see some buying come through, we will look to highs at $4858 as the next target. If not, we should see further support at $4450, then $4528 if we break down from there.
4K handle. We saw strong support from $4450 where a selloff from highs found support. These lower levels were quickly rejected and we have found further support in the $4500's. Currently, we are hovering around $4670, and are likely to range here until further momentum comes through. The Kovach OBV has started to pick up sharply, so if we do see some buying come through, we will look to highs at $4858 as the next target. If not, we should see further support at $4450, then $4528 if we break down from there.
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