Slothcharts14

Ethereum on watch - BTC "catchup"

KRAKEN:ETHUSD   Ethereum
Some resistance marked with R1, waiting for $333-$335 to break and could see a move up like BTC has experienced lately - with the acceptance of Crypto becoming more and more popular, any investor without some type of exposure to crypto needs to rethink the future in some aspects - no matter how big or small of exposure, IMO.

BTC marked out in green shows the recent uptrend once it broke the red resistance, eth is slowly following as that's where heavy buying/selling has taken place. 9DMA crossing over the 50, which as seen in its last breakout - the 9DMA began to separate itself from the other MAs and pushed ETH to ATH.

Could experience a small pullback through this zone for RSI to come down a little but even that has room to run as we maxed it out in the previous spike and ran right passed overbought territory -MACD tells a different story - all good fun.

Will be interesting to watch over the next few weeks with whatever happens. Crypto is exciting again :)

GLTA
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