Ethereum has stabilized in the low 4K handle. We found strong support from our level at $4020. We are currently hovering about the next level above at $4258. We do appear to have an inverse head and shoulders pattern forming with the neckline just above $4258. If we are able to breakout from here, then $4450 is the next target. The Kovach OBV is still quite flat, and we will need to see some momentum come through either way to break the current range. We should see continued support from $4020 if we break down.
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