ETH MFI Spikes

Written By Guest User

Neither this post, nor any other post on cryptofal.com should be taken as financial advice. It is not.

ETH tested a line of resistance today after seeing a solid uptrend on its MFI.

While the MFI has been moving upwards it should be noted that it is nearing overbought territory. The MACD is swinging upwards as well. It broke slightly above the line of resistance however, support couldn’t be maintained. Currently, ETH is searching for higher support.

Cardano has had a strong few days as well. After preparing to test a long term line of support, ADA rocketed from almost $1.20 to over $1.35. The MFI is continuing to uptrend strongly, and the MACD is looking fairly neutral.

Guest User
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