FX.co ★ #Ethereum chart analysis

Price #Ethereum on the daily chart after a significant correction managed to recover to the 2500 mark, and over the weekend I expect low volatility and trading near this round number. Already next week, at the publication of US inflation statistics, we can expect a renewed increase in volatility. In case active selling resumes, I allow for a decline into the support area around 2350; there I will be ready to consider potential purchases of the instrument. If, however, the rise resumes from the current levels, then one can expect a move toward the highs near 2800. There we risk getting a new bounce down.