The Ethereum price pulled back on Friday as volumes fell and the rest of the cryptocurrency market started to lag. Experts peg key support levels for Ethereum in the $850 neighborhood with resistance levels at about $865. For now, the market is in a sort of holding pattern. Some technicians have identified a reversal pattern on the Ethereum price chart, but others feel a positive breakout is more likely from here. One thing they do seem to agree about is that the Ethereum price is sitting at a crossroads with big movement likely in other direction.

Profit Confidential pointed out several signs of investor frustration with Ethereum and other cryptocurrencies. For example, the total market cap of all cryptocurrency is stable at around $460 billion. This is unusual because the market has been extremely volatile for many months. Additionally, just $20 billion worth of cryptocurrencies are changing hands each day now, versus the $70 billion that was being traded daily a few months ago.

As far as Ethereum in particular, CoinMarketCap shows that the volume has been stable in the $1.9 billion area for the last two days. Currently, the Ethereum price sits right at the $856 level, which is one that chart technicians are watching closely because it represents a key support area, according to multiple chart experts.

ETHNews pegs support for the Ethereum price at $850 and also identified a breakout pattern that’s building on the chart, setting support closer to $855 on the two-hour price chart. The site emphasizes that it’s the two-hour chart that’s showing off the bullish trend, which apparently can’t be seen on longer charts referenced by other sites.

ETHNews identified a bullish trendline building off support pegged at $855 and a bearish trendline bumping up against the next resistance level at $875. The site explained that if the Ethereum price is able to close above $875, then it could rally to the next resistance level, which it pegs at $910. If the cryptocurrency manages to pass that resistance level, then they see a rise toward the next resistance level at $950.