Ethereum Technical Analysis: ETH Caught in a Tug of War Between Bulls and Bears
Submitted by Anonymous (not verified) on Mon, 03/25/2024 - 16:20


"Normally rising wedges resolve bearish," crypto analyst and trader Josh Olszewicz told CoinDesk.


Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.
Brandt expects bitcoin's ongoing bull market to peak at $200,000, a significant upward revision from the previous estimate of $120,000.


Ether's 14-week RSI has topped 70, a threshold that marked previous parabolic bull runs.
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