Ethereum
is witnessing an explosive rise
to 2800
and is currently trading near its highest price reached
with a trading volume over the last 24 hours of 4 billion dollars
Resistance levels
2900
last resistance point
3000
So will we witness Ethereum explode above
3000 dollars
or will it rebound from its current level
to below 2600 dollars
As we see here on the daily frame
there is a buying saturation on
RSI and Stock RSI
indicated by their stability around the 70 level
And we see bullish momentum
on the indicators
MACD
and
Chaikin Osc
And the other indicators
indicate that it will rise
this is what the coming days will reveal to us before the weekly close
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