The curve moves within a ascending triangle pattern – RSI & MACD lines indicate an uptrend. If ETH breaks resistance within the next few hours the former resistance will become support. If LTC drops after its rally yesterday, the volume on ETH could rise significant and it could be even possible for ETH to break the second resistance and set a new all time high. Otherwise it will bounce on resistance and have to test again.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.