LA_Designer

ETH: Will Ethereum Test the 200-day SMA?

COINBASE:ETHUSD   Ethereum
Since mid-July, Ethereum has been trading above the 21-day SMA , which has also been acting as support on the way up. I think if it bounces off of it again and holds, it has a chance to rise up to the 200 day SMA (red line) which would be around $2,200.

Invalidated if closes below it.
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