. What Levels Are Expected in Ethereum? – Kryptom – Ethereum (ETH) has been trading just above the 20-day EMA ($ 1,756) for the past three days. This is a positive sign as the bulls show the 20-day EMA piling up in dips.
If the bulls can push the price above $ 1,850, the ETH / USD rate could rise to $ 1,942.92 and then challenge the all-time high at $ 2,040.77. A break and close above this resistance could start the journey at $ 2,614.
The moving averages are rising and the RSI is in the positive territory. This shows that the bulls have a slight advantage.
However, this positive assumption will become invalid if the price drops and goes below the moving averages. Such a move could pull the price to $ 1,289 and keep the pair tied to the price range for a few more days.
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