Bitcoin, Ethereum Technical Analysis: ETH Heads Towards $1,200 Breakout on Saturday – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: ETH Heads Towards $1,200 Breakout on Saturday – Market Updates Bitcoin News
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ETH close to $1,200 breakout, BTC slips to start the weekend.

This is due to two things, first the 10-day moving average has begun to trend upwards, which has brought back a level of bullish sentiment to the token.

In addition to this, the 14-day relative strength index continues to track above a key floor of 37.75, which appears to be a major reason why we haven’t seen any further significant sell-offs.Tags in this story

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