Crypto
Ethereum Sees Bullish Trend Resume Amid Ongoing Price Action
Ethereum has resumed its bullish trend after testing last week's low at $2,340. The price action and candlestick patterns are in support of this momentum.
The Stochastic Oscillator is currently at 65.0, indicating that the market is not overbought, which suggests a likely continuation of the uptrend.
The next bullish target for Ethereum is last week's high at $2,755. However, there is also a bearish scenario in play.