ETHUSD Recovering After Almost Reaching Support

ETHUSD CHART PRICE – ETHUSD DAILY

Ethereum seems to be taking a breather after it came short of reaching its support level at 363, we see that the Relative Strength Index dropped and then had a slight gain of almost 2% currently at 52% we could believe that the price would start rising but it’s too early to tell, however we have not seen the price of the cryptocurrency below the support level in 24 days making it a very strong support level, the bollinger bands are getting wider and we could expect a trend change, we need to keep an eye on this pair in the next few hours to be able to determine whether or not there could be an uptrend, we will keep you posted.

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