Ethereum broke $600 and exited the bear channel it has been in since January, aswell the MACD is now positive on the daily. This is considered the official end of the bear market, and a return to a bull market as investors regain confidence.
Using a trend based fib, resistance will be at the $760, $880, $1000, $1160, and $1400 levels. At these areas, be wary of a correction, as the market has been mostly positive for too long. The higher it goes, the greater the chance it can drop, and the more it will drop.
Pay attention to Bitcoin as Bitcoin is the main influence of Ethereum's price, as of now.
Using a trend based fib, resistance will be at the $760, $880, $1000, $1160, and $1400 levels. At these areas, be wary of a correction, as the market has been mostly positive for too long. The higher it goes, the greater the chance it can drop, and the more it will drop.
Pay attention to Bitcoin as Bitcoin is the main influence of Ethereum's price, as of now.