As we can see ETH is in a bearish rising wedge pattern with RSI levels getting lower as the price is increasing. As per technical indicators, we are looking for a bearish move to the downside into our green buy box.
If we break to the upside of the resistance ETH can make a new ATH to the next psychological level of $2,000
Keep both options open as Bitcoin will influence ETH's next moves.
If we break to the upside of the resistance ETH can make a new ATH to the next psychological level of $2,000
Keep both options open as Bitcoin will influence ETH's next moves.