Currently, ETH is trading at $1,911, which is enticingly close to the immediate resistance at $1,938. However, there's still more! Ethereum may not be overbought or oversold, given that the RSI is at a modest level of 52, signalling bullish momentum.<\/p>\n\n\n\n
Technically, a bullish break above $1,938 will indicate Ethereum rejoining the recent bullish rally targeting the $2,000 mark.<\/p>\n","post_title":"Bitcoin Is Close To Testing $30,000 Again; Ethereum Revives Bullish Momentum Above $1,800","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-is-close-to-testing-30000-again-ethereum-revives-bullish-momentum-above-1800","to_ping":"","pinged":"","post_modified":"2023-04-30 21:28:33","post_modified_gmt":"2023-04-30 11:28:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The price of Ethereum increased in response to the US PCE release, rising to $1,915 within a few moments of the announcement.<\/p>\n\n\n\n
Currently, ETH is trading at $1,911, which is enticingly close to the immediate resistance at $1,938. However, there's still more! Ethereum may not be overbought or oversold, given that the RSI is at a modest level of 52, signalling bullish momentum.<\/p>\n\n\n\n
Technically, a bullish break above $1,938 will indicate Ethereum rejoining the recent bullish rally targeting the $2,000 mark.<\/p>\n","post_title":"Bitcoin Is Close To Testing $30,000 Again; Ethereum Revives Bullish Momentum Above $1,800","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-is-close-to-testing-30000-again-ethereum-revives-bullish-momentum-above-1800","to_ping":"","pinged":"","post_modified":"2023-04-30 21:28:33","post_modified_gmt":"2023-04-30 11:28:33","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=11379","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};