The cryptocurrencies of ethereum continue strong growth rebound, which led to the breakdown of the local resistance level, which is located in the price region of $ 900. Currently, there is still a high probability of the possibility of continuing the rebound with the next target of around $ 1,000.

At present, the local upward trend line clearly visible from the H1 time interval seems to be a good place to connect to traffic towards the north. Its overcoming should negate possible increases.

The potential breakthrough of the indicated trend line opens the way to an attack on lower levels of at least around $ 800
Risk Warning: The content of this analysis is for informational purposes only and does not constitute investment advice.