#Ethereum touched Monthly 20-sma from below đ
It is around 2770 and forms a strong horizontal SR level. While price is below it acts as resistance, but once $ETH find acceptance above it, it will push price higher with strong force.
Keep in mind that Weekly 20-sma play the same role and while price is far from it, this MA may act as a magnet, not letting ETH to fly too far from it. Ideally we want both to start growing before being absolutely confident in ETH mid/long term direction.