Bitcoin, Ethereum Technical Analysis: ETH Bulls Targeting $1,800 This Weekend

Bitcoin.com | Sep 10, 2022 at 1:20 PM
  • Ethereum rallied to a fresh three-week high to start Saturday’s session, however gains eased as the day progressed.
  • The decline came as the token was unable to sustain a breakout of its resistance point of $21,600, as bears fought against the move.
  • Looking at the chart, the drop comes as the 14-day relative strength index (RSI) appeared to collide with a resistance level of its own at 55.40.