Price is at the oversold boundary of the RSI on the 30m Timeframe.
Ethereum is out of the oversold RSI zone on the 4H Timeframe.
Trading volumes show interest in the upside of the price.
I expect that ETH may retest the lower boundary of the descending channel, and also continue to grow after fixing above it.
Ethereum is out of the oversold RSI zone on the 4H Timeframe.
Trading volumes show interest in the upside of the price.
I expect that ETH may retest the lower boundary of the descending channel, and also continue to grow after fixing above it.
