ETH Price DUE for Pullback to $2,353: Experts Say Momentum Has Stalled
Ethereum's (ETH) price has been on a tear, but its technical indicators are screaming exhaustion.
After breaking above major moving averages and trading above its own Bollinger upper band, ETH is now overbought with an RSI of 80.25.
The MACD histogram has printed dead zero, indicating momentum has stalled mid-air.
A retest of $2,353 within the next 3-7 days is expected, representing a clean 3.8% drawdown from current levels.