It's been a while since I did an Ethereum price chart analysis so lets take a look and see what's going on! ### Bounce off support (then off resistance)  ### Holding Keys Levels... After peaking just above 2K the sell off commenced and price dipped all the way to $1,422 before catching a reversal candle and running up to the $1600 area. It is at that level the bounce ran out of steam, well atleast for the time being. That level was a previous consolidation and quick test spot before pushing to 2K so it makes sense it could at as a resistance level, which is has. #### In the range... So now price is sitting in the range between the support area around $1,370 and the resistance of $1600. Which way it goes, is what we found out when it cracks one of those levels. At which point the upside target will be the all time highs or the support down around $1,200. Per the usual, time will tell. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@scaredycatguide/ethereum-price-bouncing-between-technical-levels)
| author | scaredycatguide |
|---|---|
| permlink | ethereum-price-bouncing-between-technical-levels |
| category | hive-167922 |
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https://twitter.com/ScaredyCatGuide/status/1367964405787426823
| author | poshbot |
|---|---|
| permlink | re-ethereum-price-bouncing-between-technical-levels-20210305t222531z |
| category | hive-167922 |
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https://twitter.com/joshpitt888/status/1368198693774635009
| author | poshbot |
|---|---|
| permlink | re-ethereum-price-bouncing-between-technical-levels-20210306t135609z |
| category | hive-167922 |
| json_metadata | "{"app": "beem/0.24.20"}" |
| created | 2021-03-06 13:56:09 |
| last_update | 2021-03-06 13:56:09 |
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The larger issue is how long investors will remain scared of the rising bond yields. If they come to agree with Powell about the hike being nothing to worry about, which I think they will, the tech stock rally will continue and the crypto rally along with it. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@reonarudo/re-scaredycatguide-6ncxcx)
| author | reonarudo |
|---|---|
| permlink | re-scaredycatguide-6ncxcx |
| category | hive-167922 |
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Exactly! I'm watching in anticipation. Tech bubble needs to keep going to not mess up crypto bull market! Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@scaredycatguide/re-reonarudo-7ccfff)
| author | scaredycatguide |
|---|---|
| permlink | re-reonarudo-7ccfff |
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thanks for sharing about Ethereum price
| author | stefano.massari |
|---|---|
| permlink | qpk3ov |
| category | hive-167922 |
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might be in for a rally soon: https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-eth-everything-on-track
| author | tobetada |
|---|---|
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hiveblocks