Technical Analysis – ETHUSD attempts to erase recent pullback
Posted on December 21, 2023 at 2:23 pm GMTETHUSD forms structure of lower highs and lower lows But the latest rebound advances above previous high Momentum indicators suggest strengthening positive bias ETHUSD (Ethereum) had experienced a strong rally since late October, which propelled the price to a fresh 19-month peak of 2,403 on December 9. Although the latter was followed by a pullback, the price seems to be attempting a recovery in the past couple of sessions as the short-term oscillators have turned positive. Should the rebound extend and [..]