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Ethereum Price Analysis: ETH at 2-Month Highs Against Bitcoin

From cryptopotato.com

ETH’s price is currently consolidating between the support at $4,000 and the resistance at $4,350. However, on the Bitcoin pair, ETH looks much more interesting as it has just hit a 2-month high (0.076 BTC) and appears ready to break above a key resistance spanning all the way back to 2018. If ETH can do this successfully, it may outperform Bitcoin in the near future. Trading Volume: Volume remained steady in the past few days with a good influx of buyers around support. However, the resistance level continues to stop bulls from advancing forward. RSI: The RSI on the daily and the 4-hour timeframe is making higher ... (full story)

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  • Category: Technical Analysis