Ethereum Dominance (21/07) – ETH.D
📌Current Situation:
We previously mentioned that Ethereum dominance would push towards resistance at 10.37% – 10.89%, and it has actually managed to break through this area, currently heading to test the next resistance at 12.08% – 12.62%.
📌If the breakout is achieved and sustains above 12.08% – 12.62%:
An upward continuation is expected towards 14.23% – 14.59% as the next target.
📌However, if it fails to sustain above 12.08%:
There is nothing preventing a retest of the current support at 10.37% – 10.89% before another attempt to rise.