Ethereum's Steady Performance Sets The Stage For An Upside Breakout (Technical Analysis)

Description

Summary The daily chart shows decent consolidation with two fakeouts. Buyers have stepped in consistently using the 50-Day moving average as support for continuous buying. A strong buying candle above the 2,750 range highs would be necessary to confirm the hypothesis. By Elior Manier The second largest cryptocurrency has been on a consistent grind in the past two weeks after seeing some heavy selling flows during the Israel-Iran War, taking its prices close to the $2,000 mark but since, has been...