Crypto rebounds stalling at resistance – ETHBTC remains noteworthy
Apr 15, 2020
• 2
Min Read
Author
What’s changing technically for crypto currencies?
After rebounding from deeply oversold levels in March, most cryptocurrencies are stalling under technical resistance coinciding with declining 50- and 200-dma’s. Given the long-term uptrend for BTC remains intact, our expectation is for the current pullback to be relatively shallow over the coming 1-2 weeks.