Technician’s Take: ETH On the Rise Amid Search for Resistance

25th March 2022
Technician’s Take: ETH On the Rise Amid Search for Resistance
  • Ethereum is approaching next local resistance, following incremental gains over the past week.

Good constructive price action today with price trading at the session high and 140 points away from next local resistance at 3286. There could easily be some chop at this level as we try to penetrate, but the preferred view remains for an upside continuation. 

Bitcoin is similarly poised coming into its own level. There isn’t much else to say on either today, if there is a pushback at resistance or above we can go into more detail there.

Written by Bread News Team
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