ETH-spot
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$ETH remained well above the 50-day and 200-day EMAs, sending bullish price signals.
An #ETH return to the $2,500 handle would give the bulls a run at the $2,650 resistance level.
#ETH-spot #ETF -related chatter needs consideration.
However, a break below the $2,457 support level would support a fall to the 50-day EMA.
The 14-period Daily RSI at 55.05 suggests an ETH move to the $2,650 resistance level before entering overbought territory.
#EthereumPriceAnalysis #PriceMovements
$ETH remained well above the 50-day and 200-day EMAs, sending bullish price signals.
An #ETH return to the $2,500 handle would give the bulls a run at the $2,650 resistance level.
#ETH-spot #ETF -related chatter needs consideration.
However, a break below the $2,457 support level would support a fall to the 50-day EMA.
The 14-period Daily RSI at 55.05 suggests an ETH move to the $2,650 resistance level before entering overbought territory.
#EthereumPriceAnalysis #PriceMovements
