Ethereum continues to struggle to break the $1,600 resistance

Ethereum's analysis

ALTCOINS ANALYSIS

1/16/20231 min read

Ethereum continues to struggle to break the $1,600 resistance. If Bitcoin crosses its resistance range, Ethereum can also break this resistance. The trend line that has been drawn has prevented the fall so far. The $1700 and $1800 targets will be available if this support line supports the price. It is not recommended to enter the trade until the resistance of $1,600 or the trend line is broken.

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