FX.co ★ #Ethereum chart analysis

After a significant price drop in #Ethereum, which occurred last week, the price is now showing a correction. A bounce started from the round level of 1500, and currently the price is trading around 1680. Just a reminder, last week the price fell from 2000 to 1500. In any case, I am waiting for a continuation of the rise towards 1740. A lot can be decided there. Either we will make a retest from below and resume the decline with the prospect of updating lows below 1500. Or we will be able to break through higher, and then there will be a new opportunity for growth towards 2000. We are waiting for important news this week, I think the volatility will remain high enough and beyond.