ETH Moving Average Pattern May Predict the Next Top-Out
The 25-Day MA and the 50-Day MA crossed at the approximate top and bottom of the last rally. Further, they are set to cross again in the next several candlesticks--and these crossings are making new highs.
If the price does break to the upside, the 200-Day MA may be the next target (in line with several important levels of resistance), as the 100-Day MA was the level that capped the last rally off.
If the price does break to the upside, the 200-Day MA may be the next target (in line with several important levels of resistance), as the 100-Day MA was the level that capped the last rally off.
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