/USD rose to a high of $1,819.29 earlier in today’s session, which comes after an earlier bottom at $1,765.52.
As a result of today’s jump, ethereum bulls attempted to move towards a ceiling at $1,825, however momentum has since eased.This comes as earlier bulls seemingly abandoned their positions as the RSI ran into a wall at the 60.00 level. At the time of writing, price strength is now at the 57.77 mark, with the next visible ceiling around the 62.00 region.
In addition to this, the 10-day moving average is now nearing a downward cross with its 25-day counterpart, which could signal upcoming price weakness.Tags in this story
In general, the digital currency field still faces challenges and uncertainties, but the performance of BTC shows that it is still one of the most popular and stable digital currencies in the market
What do you think is the future of crpto?🤔
It will reach 35K by May
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