Ethereum rises for a third straight day, tests $2,801 resistance
- —ETH rose 3.12% to $2,749.29, up 14.46% on the week
- —RSI at 70.9 and stochastic at 87.9 point to overbought conditions
- —An ICO-era whale bought $23.73 million in ETH over the past 72 hours
- —Trading volume fell 2.08% below the 30-day average to $14.95 billion
Why it matters: A confirmed close above $2,801 would mark a reversal of the seven-month downtrend, but weak volume and overbought readings risk a pullback.
Source: DiarioBitcoin