Ethereum has dumped from upper levels. We have been saying that $2965 is the upper bound, but upon looking at the chart, it is more like $2800. This seems to be the upper bound with which ETH has flirted since the latter half of May. We could be seeing a bull wedge forming here, but it really depends on what ETH will do with the lower bound trend line which seems to correspond with $2400. If $2400 does not hold, then there is a vacuum zone to $2232. There is a lot going on with the ETH chain so we have faith in this platform but if things keep going this way we could be able to get ETH for <$2000 which would be a strong buy in our opinion.
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