Analysis
December 8, 2024 6:26 PM
Crypto analyst Illia Otychenko of CEX.io highlights that Ethereum has been exhibiting strong bullish signals since October. According to Otychenko, the breaking of the RSI resistance trend line and a bullish MACD crossover typically indicate the start of a major upward trend. Past occurrences of these patterns have resulted in significant price increases for ETH, with gains of over 100% historically.
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