Taken together, it showed indecisiveness in the past week. This could also be a build-up to an explosive move upward. ETH traders must be prepared for both scenarios, but the bullish one was more likely according to the price action.Source: ETH/USDT on TradingView
Yet, the OBV has trended downward over the past week, showing a lack of buying pressure. The RSI also began to sink toward neutral 50 over the past 48 hours as the bulls began to falter. The DMI showed a lack of a strong trend, with the ADX below the 20 mark.
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