17 June at 18:00 Ethereum Price Analysis


ETH managed to rally as high as $1,766 after hitting $1,653 on Friday. The $1,620 support had strong buying pressure and was expected, ETH investors did not give permission to descend below it.
The RSI breakout was also seen for ETH and the 41 level was passed. Following this, if the RSI, which comes to 43.79 level, rises above 50, $ 2,000 can be tested for ETH. Of course, other indicators are also of great importance, but it can be said that the most critical one here is the RSI. A close above $1,800 for ETH will lead directly to a test of $2,000.
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