Ethereum (ETH)

$ETH is trading above the 50-day EMA and below the 200-day EMA, confirming bullish signals in the short term but bearish signals in the long term.

ETH’s rise above the $2,664 resistance level could support a move towards $2,800. Furthermore, a return to $2,800 could also bring the 200-day EMA into play.

Furthermore, a#ETHdrop below the 50-day EMA could bring the $2,403 support level into play.

The 14-day RSI of 55.71 suggests that ETH will climb to the 200-day EMA before entering the overbought zone