ETHMXN Finds New High for the Year 

ETHMXN CHART PRICE – ETHMXN DAILY

Ethereum finally made it, ir broke the resistance it found 13 days ago, now we need to wait and see how much more it can gain before making a reversal, it is currently trading very close to its upper bollinger band and it has almost doubled its price in less than a month, the Relative Strength Index is above 70% but this does not seem to slow it down, as we have seen in the past rsi reached the 90% levels before going down, most cryptos are having a great month and we do not find evidence to contradict the current trend, however it is too risky to invest in ETHMXN now that it is finding new highs for the last year.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.