EthereumEducation
ETH 20+100 Day EMA Crossing Upwards (again)
As referenced in ETH's daily chart, within the past month, the following price fluctuations were observed upon its 20Day EMA crossing with the 100Day EMA:
On February 10th, subsequent to 20/100 Day EMA crossing (upward), ETH price increased approximately 8.31% (or $9.61) within 24hrs;
On March 3rd, subsequent to 20/100 Day EMA crossing (downward), ETH price decreased approximately, an additional (?) 3.76% (or $4.80);
As of the time of this writing, the Daily RSI is currently @ 62 and the 20+100 EMA's appears to be crossing in an upward direction. Whether the EMA's actually crosses and action follows, TBD.
This is not a recommendation, only my observations and for informational reference.
On February 10th, subsequent to 20/100 Day EMA crossing (upward), ETH price increased approximately 8.31% (or $9.61) within 24hrs;
On March 3rd, subsequent to 20/100 Day EMA crossing (downward), ETH price decreased approximately, an additional (?) 3.76% (or $4.80);
As of the time of this writing, the Daily RSI is currently @ 62 and the 20+100 EMA's appears to be crossing in an upward direction. Whether the EMA's actually crosses and action follows, TBD.
This is not a recommendation, only my observations and for informational reference.
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