Ethereum to $400 next (ETH/USD Analysis)

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7y

WEDNESDAY
26-JUN

Price is steadily moving towards the $400 target and seems unlikely to stop since there is no resistance until then.
It took out last week's (LW) high and seems to be picking up momentum.

On the Daily, price rejected the $315 S/R level and rallied away which could mean that there's no desire to trade around that level for now.
If price drops down and retests LW high around $320, longs could be considered since it seems unlikely that it will drop much further.

Ethereum to $400 next (ETH/USD Analysis) | Ecency