$ETH Price Prediction 03/07/2022
Ethereum / U.S. dollar BITSTAMP:ETHUSD
2600 critical support finally gave in to trigger a small sellout with lows around 2500.
The prevention of a close below this zone allowed a recovery to take place; note that critical resistance occurred at long-term low (solid red) which could be a sign of further correction to come (flip).
Keep an eye on current H4 candle close which could determine momentum based on the completion of a bearish piercing (~2580 line).
Overall not as volatile as I expected so far but the direction remains the same.
