Ethereum’s RSI Just Hit Its Lowest Level In History, And That May Be Exactly The Point
Ethereum’s latest price crash has pushed the cryptocurrency below $1,800, placing its monthly chart under pressure at a time when the entire crypto market sentiment has turned heavily bearish. There is also another weakness coming from the monthly RSI, which has now dropped to its lowest level since the asset launched in 2015. That reading…
Analyst Says Ethereum Price Might Have Reached ‘Wave 4’ Bottom — Path To $5,000?
The Ethereum price has struggled to mount any significant bullish pressure since hitting the all-time high of $4,946 in August. The bullish momentum of the second-largest cryptocurrency has mostly waxed and waned, reaching the $4,750 high twice in the past few weeks. After running up to this local peak on Tuesday, October 7, the Ethereum…