FX.co ★ #Ethereum chart analysis

On Ether (#ETH) yesterday, as a result of the decline, sellers managed to drag the price down to the calculated support level around 2475; however they failed to break through it, although volumes were quite high and gradually increasing, which, against the background of no further decline, looks like weakness on the part of the bears. There are just too many limit buy orders piled up around the indicated level, and it's not going to be easy to push through it. In general, my priority remains buying, so from Ether (#ETH) today I will expect a bounce from the support level at 2475 and a resumption of the rise toward targets at the nearest calculated resistance level 2520, with a possible break above it.