ETH/USD Craters to 1700: Sally Ho's Technical Analysis 23 June 2021 ETH

Ethereum (ETH/USD) gained marginal ground early in today’s Asian session as the pair appreciated to the 1886.93 area after trading as low as the 1700 area during the North American session, with the intraday low representing a test of the 61.8% retracement of the appreciating range from 1493.28 to 2041.42.  Traders observe the interday low represents the weakest print since late March, and opens up tests of potential technical support around the 1684.80, 1663.43, 1464.18, 1429.59, and 1381.16 levels.