Ethereum (ETH) jumped on May 30 and reached the resistance close of $ 300 to $ 322. As expected, it is turned around and dished in the 20-day EMA. The bulls are currently trying to keep the price above the 20-day EMA. In case of success, different augmentation of the air resistance strap is likely. This is the best option with Royal C Bank also.
ETH / USD
Although the two moving averages increase and the RSI is in the positive corset, the negative divergence on the RSI gives a warning signal.
A 20-day EMA breakdown down the ETH / USD pair to 225.39 USD. If this support also breaks down, the fall can extend to the 50-day SMA. We do not detect an uptrend at current levels.