Beware of robber banks (RB), bad advisors.
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ETH Surges 10% in a Day as Bulls Look to Reclaim $2,000
Etheruem was trading within a range between $2035 (Feb highs) and $1710 (mid-March support) last week. The cryptocurrency dropped beneath the 200-day MA over the weekend and fell into the lower boundary of this range on Saturday. Luckily, the bulls quickly regrouped again to close Saturday’s candle above $1800. Since the weekend low, ETH has pushed higher by 17.5% as it breaks back above the 200-day MA and reclaims the $2000 handle. It would still need to close above the February highs at $2036 to confirm a breakout of last week’s range. Looking ahead, if the buyers push beyond $2000, the first strong resistance ... (full story)