ETHUSD is heading towards 2322.4800 and could reach this point within the next 19 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supports and resistances are primary concepts of technical analysis. ETHUSD is heading for an important price of 2322.4800 – read about what this could mean for the future.
