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ETH Whale Activity Boosts Price Above Key Support Levels

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A significant ETH whale transaction has taken place on Kraken, with 2.02K ETH staked and 5K ETH withdrawn in a roughly 10-hour period.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.

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