- Technical Outlook on Altcoins: Ethereum and XRP appear to be on the verge of a breakout.
Ethereum is trading slightly above the previous day's high at $2025, supported by strong technical expectations as shown in the daily chart.
The MACD indicator supports Ethereum's gains today, as it remains above the signal line on the same chart, while the green histogram bars are expanding, encouraging investors to increase their investments. The Money Flow Index (MFI) remains steady above the 44 level, heading toward the midline.
Any additional rise above the midline will confirm the bullish outlook
View Original