BTC remains near 2-week high, ETH largely unchanged on Wednesday.
Following a high of $1,364.97 during yesterday’s session,As a result of this slippage, the world’s second largest cryptocurrency moved back towards its floor of $1,330, a level which it broke out of less than 24 hours ago.Looking at the chart, the decline appears to have come once the RSI failed to move beyond yesterday’s resistance of 44.90.
Currently price strength is tracking at 43.67, and seems to be heading for a floor close to the 42.00 level. Should it arrive at its destination, then there is a strong likelihood that ethereum will be under $1,300.Tags in this story
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