Ethereum (ETH)

#Ethereum(ETH) is trading above the 50-day EMA and below the 200-day EMA, confirming short-term bullish but long-term bearish signals.

#ETHbreaking through the $2,664 resistance level could allow the bulls to reach the 200-day EMA. A break above the 200-day EMA would support a move towards the $3,033 resistance level.

In addition, a $ETH drop through the 50-day EMA could signal a drop towards the $2,403 support level.

The 14-day RSI value of 60.26 suggests that ETH could climb to the 50-day EMA before entering the overbought zone

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