ETH Retests Breakout Support: Is $2,800 Next?

1 hour ago 1

Rommie Analytics

Key Takeaways

  • The diagonal sits near $2,660-$2,680.
  • $2,800-$2,807 caps the visible daily range.
  • $2,560 and $2,420 define the fallback.

ETH is now between a moving floor and $2,800

At the time of writing, ETH traded near $2,715 after reaching $2,807. It had pulled back toward the reclaimed diagonal, which sat around $2,660-$2,680 at that point, which is acting as a moving floor, not a fixed support number.

Ethereum daily chart showing ETH near $2,715 retesting reclaimed diagonal support below $2,800 resistance. Read Entire Article