Ethereum rose above $4400 today before tumbling below $4000 but with a ton of bids below that level, it quickly bounced above. If it extends lower, there should be support right at the 100-SMA near $3760. ETH remains bullish with RSI oversold. That’s where buyers should be getting in and trying for a run towards the upper resistance level fib 0.382 where all 4 EMA (20, 50, 100, 200) coincide near $4250.
