Yesterday morning, buyers confidently pushed the Ethereum (ETH) price back to the two-hour moving average EMA55. However, in the second half of the day, the volume of purchases decreased significantly, and the pair could not continue to rise above the level of average prices. Buyers have tested the POC line ($1,800) several times, but so far they have been unable to overcome the resistance in the $1,800 area.
Today, bulls will repeat their attempts to restore the pair above the Volume Profile indicator line ($1,800). If they fail to gain a foothold above the level of average prices, the decline will continue to the support at $1,680.
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