Ethereum has run into resistance at $4450. We have seen several red triangles on the KRI, at $4450 and the next level below $4341. These are a bad omen for ETH, which seems to be hanging on by a thread at the next level below, $4258. We are likely to break down from here, but if not $4450 remains the next target above to break. Watch out, because there is a vacuum zone below to $4020. The Kovach OBV is drifting upwards but does not seem to suggest the type of momentum that can justify holding these levels for now.
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