Early in June, Ethereum fell below the $1700 demand zone, and the king of altcoins had no immediate plans to recover. The $1000 band of support has been held for the past month, while the $1300 resistance has not yet been broken. Ethereum Ranging Between $1,000 to $1,200 Although Ethereum seemed to establish a range, it was probably just imitating Bitcoin. The king coin also established a range, and it would need perseverance to traverse the markets without suffering a great deal of loss. ETH/USD hovers around $1k. Source: TradingView Since Ethereum initially began trading on Binance in 2015,
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Author: NixCoin