$ETH - Breaking through the historical resistance
This rally not only surpassed the 2,373 level, but has officially broken the previous peak area from the early-year phase (around 2,400). Once the price moves above the accumulation zone and forms a new higher high (Higher High) on the daily timeframe, the long-term Uptrend structure has been activated.
Upside price gap: Looking to the left side of the chart (January - February period), after breaking through the 2,400 - 2,500 zone, ETH faces almost no significant strong resistance. The next target of this bullish force is to go straight up to the 2,800 zone and the old all-time highs at 3,200 - 3,382 (the black dashed line above).
Volume & RSI Signal: Trading volume (Volume) increases steadily across the green candles. Although the Stoch RSI indicator has already pinned at the maximum 100.00, it is still expanding its upward band, indicating that FOMO-driven capital is keeping the price extremely hot.
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$BNB
This rally not only surpassed the 2,373 level, but has officially broken the previous peak area from the early-year phase (around 2,400). Once the price moves above the accumulation zone and forms a new higher high (Higher High) on the daily timeframe, the long-term Uptrend structure has been activated.
Upside price gap: Looking to the left side of the chart (January - February period), after breaking through the 2,400 - 2,500 zone, ETH faces almost no significant strong resistance. The next target of this bullish force is to go straight up to the 2,800 zone and the old all-time highs at 3,200 - 3,382 (the black dashed line above).
Volume & RSI Signal: Trading volume (Volume) increases steadily across the green candles. Although the Stoch RSI indicator has already pinned at the maximum 100.00, it is still expanding its upward band, indicating that FOMO-driven capital is keeping the price extremely hot.
#Write2Earn
$BNB