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ETHUSD showed a minor pullback from a minor bottom of $3059. It hit a high of $3328 and is currently trading around $3324.
Ethereum reserves on exchanges have increased between Mar 15th and Mar 19th from 13.92 million to 14.43 million.
The intraday bullishness is possible if it holds above $3375. On the higher side, the near-term resistance is $3375. Any significant jump above the target of $3425/$3500/$3700/$3800/$4000. Significant bullish continuation only above $4800.
The immediate support is around $3200. Any breach below $3200 confirms bearish continuation. A dip to $3080/$3000 is possible. A violation below $2700 will drag the Ethereum to $2500/$2300.
It is good to buy on dips around $3200 with SL around $3000 for TP of $4350.
