Ethereum (ETH) Weekly RSI Reaches Second Lowest Ever Value - BitcoinEthereumNews.com
EthereumEthereum (ETH) साप्ताहिक RSI अब तक के दूसरे सबसे कम मूल्य पर पहुँच गया है05 / 30 / 2022बिटकॉइन एथेरियम समाचार Ethereum (ETH) has been increasing since May 27, in a short-term upward movement that was preceded by an IQ Option प्राइस चार्ट के नीचे एक अलग विंडो में खुलता है। फैलना। The weekly chart shows that ETH has been falling since reaching an all-time high price of $4,868 on Nov 10. The downward movement led to a low of $1,700 on May 27. The decrease was preceded by a bearish divergence in the weekly RSI (black line). The trendline of the divergence is still intact. Another interesting development is the fact that the weekly RSI has reached a low of 33 (black icon). A similar low marked the 2016 bottom (red icon). The only other time the weekly RSI was lower was during Dec 2018, when it reached a low of 28 (red circle). So, the current RSI reading has been historically associated with bottoms. The price is currently trading inside the $1,920 support area. This is a crucial support area since it is the 0.618 Fib retracement support level and a horizontal support area. Whether ETH bounces or breaks down below it could very