Ether’s bullish momentum is currently at its strongest level since May 2021, according to a popular technical study. This is supported by indicators such as the momentum indicator and the 14-day RSI, which both suggest a strong uptrend for the cryptocurrency. The immediate resistance for ether is at $4,090, with the possibility of reaching higher levels such as the record price of $4,692. Traders are cautious about selling at this point, as the bullish trend appears to be robust and picking a top or bottom could be risky. Overall, the ether market is showing significant upward momentum and positive price action.
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Ether’s Bull Momentum Is Strongest Since May 2021
