ETHUSD Gains Upside Traction after Hitting Double-Bottom

[PocketOption]

ETHUSD Gains Upside Traction after Hitting Double-Bottom

ETHUSD (Ethereum) has experienced a sharp decline in the short term, with the price testing its four-month low of 1,070 twice. However, the cryptocurrency managed to bounce back and recover some ground in the last couple of sessions. The momentum indicators currently reflect that negative risks are subsiding. Specifically, the MACD histogram has crossed above its […]

The post ETHUSD Gains Upside Traction after Hitting Double-Bottom appeared first on Action Forex.

Source: ETHUSD Gains Upside Traction after Hitting Double-Bottom