Ethereum cryptocurrency recently reversed up from the support area located at the intersection of the round support level 3000.00 (previous sell target), lower daily Bollinger Band the 38.2% Fibonacci correction of the previous sharp upward impulse wave from the middle of January. This upward reversal stopped the previous correction (2).
Given the strength of the aforementioned support area - Ethereum cryptocurrency can be expected to rise further toward the next minor resistance level 3270.00 (which reversed this cryptocurrency multiple times at the start of this month).
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