Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700 as ‘Merge’ Date Confirmed

Bitcoin.com | Aug 25, 2022 at 3:07 PM
  • Ethereum was back above $1,700 in Thursday’s session, as the date for the long-awaited “Merge” was finally confirmed.
  • As a result of the announcement, ethereum briefly broke out of its resistance level at $1,705.
  • The RSI moved past its ceiling at 49.50, and as of writing is tracking at 50.85.