Update #الايثيريوم — June 15
■ Current Situation:
The price is currently moving within a sideways range between support 2,428 — 2,523 and resistance 2,652 — 2,707.
If the resistance is breached and maintained above it, this enhances the chances of a rise towards the next resistance at 2,910 — 3,091.
Currently, the price is trying to test the support level to continue the upward movement towards the mentioned targets.
■ Initial Targets:
First Target: 2,652 — 2,707 (+5.3% — +7.5%)
Next Target: 2,910 — 3,091 (+15.5% — +22.7%)
■ Current Support:
2,428 — 2,523 (−3.6% — −0.1%)
■ Next Support (in case the current support is broken):
1,752 — 1,890 (−30.4% — −25.0%)
■ Summary:
Ethereum is moving within a sideways range while attempting to test the support. Breaching the current resistance may open the door for upward movement towards higher resistances, while breaking support may push the price down towards deeper support levels.