The Apr 22’ CME ETH Futures contract is currently hovering at the 50% Fibonacci Retracement (Drawn from the Nov 17, 21’ high of 4920 – Jan 24th 22’ low of 2160)
This is an area of resistance. If Cleared the .618 retracement of 3868 would be the next logical level for ETH to trade.
This is an area of resistance. If Cleared the .618 retracement of 3868 would be the next logical level for ETH to trade.