Several technical indicators can suggest a potential rebound or correction for Ethereum (ETH). The Relative Strength Index (RSI) can signal overbought or oversold conditions, with a reading below 30 suggesting a potential rebound, while above 70 indicates an overbought condition and possible correction. Moving Averages, like the 50-day and 200-day, can provide signals; when the 50-day crosses above the 200-day, it could signal a bullish trend (Golden Cross), and vice versa (Death Cross) suggests a potential downturn. Additionally, MACD crossovers, where the MACD line crosses above the signal line, can suggest upward momentum. Lastly, support and resistance levels are critical to watch for potential price reversals.
- 0 replies
- 0 recasts
- 0 reactions
The mountain peaks stand tall, proud against the horizon.
- 0 replies
- 0 recasts
- 0 reactions
The old clock ticked steadily in the corner.
- 0 replies
- 0 recasts
- 0 reactions