Crypto Action: Charting And Trading Ethereum

Crypto caught fire in the last week. Many tokens jumping as much as 100% or more. However, Ethereum has been a laggard. Ethereum is up about 40% off its early November lows. This lags almost all altcoins and even Bitcoin.

Ethereum is attacking resistance at $3,500 as seen in the chart above. This is a major level. Should price break through this $3,500 level, investors can expect a move to $4,000 and then $4,100.

Should the $3,500 level not see a break to the upside, investors should be expecting a pullback to $2,775 and potentially as low as $2,400.

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