$ETH got rejected 3 times at $2.7K this month. It's a stiff resistance area. Price is either gathering strength and demand from buyers to finally break above that, or forming a nasty bearish Triple Top. That Triple Top will be confirmed if price breaks below the neckline of $2,400. We watch for 1) break above $2.7K to confirm Uptrend or 2) below $2.4K to confirm Triple Top.
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