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07/17 15:10
The technical indicators of ETH also predict a positive sentiment. The relative strength index (RSI) is 65.07, which means that the buying pressure is high. Nevertheless, as the RSI enters the overbought region, there may be some consolidation or a minor fall before the next rise.
The bullish trend is indicated by Moving Average Convergence Divergence (MACD). The MACD line is at a negative 7.55, the signal line is 56.70, and the histogram is 64.25. These bullish indicators create a bullish sign. This further confirms the bull market for ETH
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