In Brief Ethereum struggles to sustain momentum, hovering around $3,000 after an 18% drop over the past month. RSI remains neutral at 54.8, signaling a lack of strong buying or selling pressure for the past 16 days. DMI shows weakening trend strength, with ADX dropping to 10.2, reflecting consolidation and market indecision. Ethereum (ETH) has…
Read more
In Brief Ethereum surpasses $3,000, a first since April 2022, indicating a strong bullish market trend despite rising volatility. The price increase is linked to a bullish breakout from an ascending triangle pattern, with a potential target of $3,500. Optimism around the approval of a spot Ethereum ETF in the US contributes to speculation and…
Read more
