ETHUSD (Ethereum) has been moving sideways since the beginning of 2022, when its downside trajectory halted. However, the technical picture seems to be improving for the cryptocurrency, with the ascending 50-day simple moving average (SMA) endorsing a bullish near-term bias. The momentum indicators suggest that bullish forces have gained the upper hand. Specifically, the RSI is […]
The post ETHUSD Ticks Upwards But its Rangebound Pattern Holds appeared first on Action Forex.
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