Following a peak of $1,595.78 in yesterday’s session,As a result of this latest move, ethereum remains below its key resistance level of $1,585, which it broke for the first time in over a month last week.As of writing this, the 14-day RSI is currently tracking at 62.74, which is down from yesterday’s peak of 66.71, and below a floor of 65.00.
This slip in price strength highlights the gradual slowing down of momentum, with the 10-day moving average likely to begin changing its direction, should delines persist. The next visible point of support for the index appears to be the 60.35 level, and should this be broken, sentiment would have truly shifted.Tags in this story
When I will finally see good bull run on bitfinex charts?
Delay? They don’t even wanna talk about it
I don't care at all, every time before the FOMC meeting I go into USDT
🚀Thankss a millon
yea!