ETH/BTC bearish divergence
Ethereum has been in an uptrend against btc in a parallel channel for almost 1 year now. However, within the channel we are seeing bearish divergence on the RSI, with the ratio producing higher highs and lows, but the RSI producing lower highs and lows. As crypto is in a bear market, we can expect ETH to begin losing ground to BTC which could take form in a dump to 0.045 BTC, which is around 990USD at 22k BTC.
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