ETH Whale Activity Boosts Price Above Key Support Levels
A significant ETH whale transaction has taken place on Kraken, with 2.02K ETH staked and 5K ETH withdrawn in a roughly 10-hour period.
This activity has pushed the 24-hour total to 10.3K ETH valued at around $19.5 million.
The current price of ETH sits at $1901.74, which is above both the EMA50 support at $1892.61 and the EMA200 at $1866.54.
A golden cross on the MACD indicator at 4.71 confirms trend strength, while the RSI remains neutral inside the Bollinger band.