Ethereum Price Decline May Signal Imminent Rebound

Ethereum Price Decline May Signal Imminent Rebound

Given that technical indicators indicate the asset is in oversold territory, Ethereum's recent price decline may be paving the way for a recovery. Ethereum's Relative Strength Index (RSI), which has historically been a sign of a price recovery, is currently indicating oversold circumstances, according to a research paper published on February 11 by blockchain company Matrixport. Nevertheless, market mood is still cautious in spite of these op...

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