There appears to be another convergence of moving averages on this chart which would indicate a spike. Given that BTC is at ATH right now, I'd expect it goes up and not down. ETH is, in my opinion, long overdue for a good run against BTC.
Possible convergence of the moving averages for 7, 21, 77. Flash selling due to the day's news about a delay of release, but it should recover. Overall good buy and HODL.