Ethereum price action has been weak the past couple months of sure and after making a only a modest bounce of support to kick off the week things were not looking bullish at all.
Holding support hard!
As you can see from looking at the chart price tested the support in that 168 area yet again and is now trying to rally off of it this time.
At the time of this writing price is higher than that tiny little bounce we got to end last week.
Whether we get any real follow through is anyone’s guess, but if we do then the $200 level is the first upside target I have my eye on.
We shall see!