#ETH.
Ether since March 2020 showed a very good 53 times jump, and shed only 2.5 times since the high of November 2021.
On ethereum the situation at the moment is more positive than bitcoin, as it has remained in the range.
1900-2000 is still a strong support line.
If we spill lower, we will very likely go to $1,400 and then $1,000.
I think the $1000 level should hold.
If the strength of the sellers is huge, the next support lines could be the 600-400 and $200 lines.
And further down the $1000 level will be a strong resistance line.
Ether since March 2020 showed a very good 53 times jump, and shed only 2.5 times since the high of November 2021.
On ethereum the situation at the moment is more positive than bitcoin, as it has remained in the range.
1900-2000 is still a strong support line.
If we spill lower, we will very likely go to $1,400 and then $1,000.
I think the $1000 level should hold.
If the strength of the sellers is huge, the next support lines could be the 600-400 and $200 lines.
And further down the $1000 level will be a strong resistance line.
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