[ad_1]
- Ethereum rebounds abruptly to regain his lost glory.
- It can cool some, before it collects more strength to gather more.
Ethereum, the third largest cryptocurrency by market capitalization, mobilizes more in Sunday commerce among all other major cryptocurrencies, in its quest to regain its lost glory and the crown of XRP's second largest cryptocurrency.
ETH / USD rose more than 10 percent on the day to $ 130.51 and operated on more than 13 percent of the entire day. On the hourly chart of this ambitious cryptography, it has stopped a bit from this upward trendline and giving the bears the opportunity to leap back while the bulls rest a little. RSI at 75 too hint at slightly overbought conditions.
On the longer horizon, the bulls must consolidate these recent gains, stop a little and then gather more strength to gather towards the top of the channel on a 720-minute chart, placed around $ 190.
Graph 60 minutes of ETH / USD:
ETH / USD 720-minute chart:
Receive Crypto updates 24 hours a day on our social media channels: give a follow-up to @FXSCrypto and our Telegram channel of Trading Crypto FXStreet
[ad_2]
Source link
