Crypto analyst Ali Charts said Ethereum has bounced after testing the lower boundary of its price channel, pointing to $1,850 as the key level to watch. According to the analyst, as long as ETH continues to hold that support, the token could climb back toward the upper end of the channel near $2,060. The view was shared on July 24, according to BlockBeats. No additional market data or timing beyond the stated support and target levels was provided in the post cited by the report.
BlockBeats reported on July 24 that crypto analyst Ali Charts said Ethereum had rebounded after testing the lower boundary of its price channel.
Ali Charts said $1,850 is the key support level at this stage. If ETH continues to hold above that area, it could move back toward the upper boundary of the channel near $2,060.
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