ETH/USD Rallies Above 2000 Figure: Sally Ho's Technical Analysis 23 July 2021 ETH

Ethereum (ETH/USD) continued to orbit the psychologically-important 2000 figure early in the Asian session as the pair extended recent gains and encountered buying pressure around the 1948.68 area during yesterday's North American session.   The pair recently traded as low as the 1718.41 area, representing a test of the 38.2% retracement of the appreciating range from 1206.05 to 2041.42.

Timeline of Ethereum