Ethereum Price Technical Analysis 23.03.2023

Following the data from the United States and subsequent announcements by the SEC, Ethereum, which tested the $1,714 levels, captured an 8% recovery rally.

Ethereum, with the data from the United States and subsequent announcements by the SEC, tested the $1,714 support level again and achieved an 8% increase with the reaction it received from this area.

When I look at the current view, the liquidity of the $1,846 level seems to be cleared.

In case of a possible pullback, just as I mentioned in the $BTC chart, $ETH also has a lot of open liquidity in the lower regions. The support level I will follow for making purchases will be the $1,585 area.

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