ETH reversed off a major demand near $3,510 and exploded past the 200 SMA into $3,747. Currently, price is resting just under resistance at $3,771, with RSI at 64.49 — strong and trending. If this resistance breaks, next leg up begins. If rejected, expect retest of $3,680–$3,700 range.
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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.