3 min readETHEREUM (ETH/USD):
ETH’s price movement still appears to be lagging behind some other Altcoins in this cycle. Currently, it’s trading just above $2,600.00 and is attempting to break through this internal resistance level for the third time.
A closer look at the technicals reveals strong support along the internal ascending trend line. The RSI indicator shows no signs of the price being “overbought” and is currently quite neutral. If we successfully break through this internal resistance level, I’ll be watching closely to see how the price behaves in higher discounted regions.
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