For the tenth day in a row, the price of Ethereum is moving in the range of $1200-$1400. Now we are in the middle of the zone around the $1300 level. Since yesterday, we have been in a bullish consolidation after the price dropped to $1250. If this consolidation continues, we could retest $1400 and climb to the 38.2% Fibonacci level. To continue the bullish option, a break above is needed to continue towards the $1500 level. Then we need to maintain above the 50,0% level in order to climb to the 61.8% Fibonacci level and the upper trend line with a new bullish impulse.
