FX.co ★ #Ethereum chart analysis

Price #Ethereum on the daily chart continues to trade in a narrow corridor for more than two trading weeks. Trading is taking place just above the 2700 level. The current price action gives reason to believe that in the foreseeable future we will see an impulsive breakout and the price exit the current sideways range. In the event of a breakout to the north the price may hit an angled resistance running around the 2800 level. And there may begin significant selling from large players there, so I am not considering buys from the current levels, I'm afraid of running into a strong bearish impulse. Buys are interesting in the case of a correction to 2350.