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This is a major hint with regards to an upcoming price swing for Ethereum
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So far, the month of October has belonged to the market leaders Bitcoin and Ethereum. With the top two digital assets making inroads to new ATH’s, other coins waited in the wings to register price hikes off their own. Ethereum’s advance was in the forward direction.
A daily close above $4,000 would allow ETH to march on to newer levels after negotiating past the previous ATH at $4,380. Interestingly, RSI’s next peak along with MACD’s crossover could drop some hints as to ETH’s price trajectory. At the time of writing, ETH traded at $3,942, up by 3.5% over the last 24 hours.
Source: ETH/USD, TradingView
Ethereum’s bullish-bias has been discussed at length in earlier articles. Now that its head and shoulders pattern was complete, ETH awaited an
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