ETH/USD Pops Higher to 2582: Sally Ho’s Technical Analysis 15 June 2021 ETH

Ethereum (ETH/USD) added to recent gains early in today’s Asian session as the pair appreciated to the 2582.01 level after trading as low as the 2461.63 area during the North American session, with the interday low representing a test of the 38.2% retracement of the appreciating range from 1725.86 to 2911.54.   Stops were elected above the 2553.11 and 2565.21 levels during the move higher, representing the 50% retracements of the depreciating ranges from 2873.35 to 2257.07, and 2849.15 to 2257.07.