Ethereum saw a substantial 30% price increase over the past week. In the first attempt, after 50 days, the bulls could hit the overhead resistance zone in the range of $1,700 – $1,800 (in red). At the same time, the Relative Strength Index (RSI) has reached a significant descending line (in white). If ETH can break above the 100-day moving average line (in yellow), ETH will extend the price action toward the key hurdle at $2170. In this case, the RSI is expected to gain momentum above 70. ...
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