#ETHUSDT Daily Chart update

9 Ağu 2021

Like i said before, price touched the daily supply zone and backed down like expected. However, RSI is still overbought and MACD is showing weakness, but price is still trading far above the EMA ribbon. This could mean that price will most likely retest the $2,870 level or if price holds above $3,000 we would see good moves to the upside.