The RSI indicator has dipped but is still inside the overbought zone. The MACD and Elliott Oscillator both indicate sustained bullish sentiment. ETH/USD daily chart After seven consecutive buyer-dominant days, the sellers manage to take control of the ETH/USD market. So far, in the early hours of Saturday, ETH/USD dipped from $223.20 to $216.45 and dropped back inside the 20-day Bollinger Band to correct itself. The price is hovering above the SMA 20, SMA 50 and SMA 200 curves. Despite re-entering the Bollinger Band, the RSI indicator is still trending within the overbought zone, so a bit more bearish correction can be expected. Having said that, both the MACD and Elliott Oscillator indicate that the overall market sentiment is still bullish. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Ripple Price Analysis: XRP/USD keeps falling after encountering resistance at the $0.283-line FX Street 2 years The RSI indicator has dipped but is still inside the overbought zone. The MACD and Elliott Oscillator both indicate sustained bullish sentiment. ETH/USD daily chart After seven consecutive buyer-dominant days, the sellers manage to take control of the ETH/USD market. So far, in the early hours of Saturday, ETH/USD dipped from $223.20 to $216.45 and dropped back inside the 20-day Bollinger Band to correct itself. The price is hovering above the SMA 20, SMA 50 and SMA 200 curves. Despite re-entering the Bollinger Band, the RSI indicator is still trending within the overbought zone, so a bit more bearish correction… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
