ETH/USD Orbiting 1979 Technical Resistance: Sally Ho's Technical Analysis 24 June 2021 ETH

Ethereum (ETH/USD) was somewhat better early in today's Asian session as the pair appreciated to the 2042.12 area after trading as low as the 1968.50 area during the European session, with the interday low representing a test of the 23.6% retracement of the recent appreciating range from 1700 to 2045.  Traders observe the move to the interday high also represented a test of the 100-hour simple moving average, and also the 2036.84 area that represents the 61.8% retracement of the appreciating range from 90 to 5186.44.

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