Ethereum (ETH/USD) showed a notable rise in recent intraday trading, breaking through a key bearish bias line on the short-term charts. This move comes despite negative signals from the Relative Strength Index (RSI), which had been weighing on the price.
However, Ethereum’s recent upside momentum has successfully overcome the downward pressure from the 50-period Exponential Moving Average (EMA50), paving the way for potential further gains.
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