$ETH.X: Strong resistance around 100-day SMA

3 thg 10, 2017

While most cryptocurrencies have recovered since the recent South Korea ICO ban, Ethereum seems to be struggling behind. RSI is showing a lot of weak momentum compared to Julys correction. Along with this, the EMA's on the MACD, while on an upward slope, are struggling to regain much of that lost bullish movement. Also, massive resistance seems to be found around ETH's current price level directly below the 100-day SMA. Watch this one closely everyone!!!!