Has Ethereum Bottomed??

Ethereum tested lower levels in the high $2K's yesterday, but these lower levels were swiftly bought back to value in the $3100's. This is the second time we have tested the $2K handle. Although the markets bought up ETH at these values, the fact that we've tested the $2K's twice, suggests we are becoming increasingly more comfortable with these levels. For now, we seem comfortable between $3K and $3200. At the time of this writing, ETH is testing $3148 from below, with two red triangles on the KRI suggesting we are encountering some resistance here. The level to conquer is $3200 before we can make an attempt for $3324, the next target on the way up to the mid $3K's. In the event of another sellof, watch $2965 and $2852 for support.