ETH has been on a rather sluggish ride since its last correction. But, as of this week, ETH has been able to successfully gain some bullish momentum. Currently sitting above its 50-day moving average, ETH has been experiencing solid buy volume over the past few days. The 12-day EMA is still on a steady rise above the 9-day EMA on the MACD, and the RSI is holding its momentum quite well. Lets see if Ethereum can regain control of uptrend and break to the upside around $320. If this were to occur, bullish momentum would be verified moving forward.
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