Technical Analysis of Ethereum: Signs of Strength Amid Market Volatility
Ethereum, the second-largest cryptocurrency after Bitcoin, shows signs of strength despite the volatility in the crypto market. The latest technical analysis indicates that Ethereum is approaching a two-week high, with a bullish target at $27,000. Stronger-than-expected US retail sales data, up 0.6% in August 2023, also contributed to positive sentiment towards Ethereum.