ETH has broken above the resistance in the $3300’s for the first time since may and has some room to run. There are no areas of major support or resistance until around the $4100! That doesn’t mean it will go there, but last time we crossed $3400 on a bull run it went to its ATH in about a week!
Do we create new resistance levels or go on a run? No one knows for sure, but there is a lot of potential for ETH of it can hold support now at $3300 to really start pushing upwards.
We have been trading pretty sideways the last 2 weeks after testing resistance and getting pushed down. With us finally breaking through, it’s a real possibility to run to $4000!
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