Ethereum Price Technical Analysis - Stalling at Area of Interest

Ethereum Price Technical Analysis - Stalling at Area of Interest

Ethereum Price Key Highlights. Ethereum price has broken above a short-term descending trend line and has been on a steady climb, but it is encountering a bit of resistance at an area of interest. This lines up with the Fib levels and a former consolidation area, which suggests that plenty of limit orders are located there. Ethereum price is still deciding where to go from here, as a selloff could bring it back to the previous lows while an upside breakout could confirm the bull run. Rally Overdone? Technical indicators seem to be suggesting that the rally is overdone, as RSI and....


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