BTC above $18,000, as ETH hits 2-month peak ahead of U.S. inflation report.
Following a low of $1,323.58 on Wednesday,As a result of this rally, the world’s second largest cryptocurrency is now trading at its strongest position since November 8.Like with bitcoin earlier, the move has occurred as the RSI broke out of a ceiling at 69.00, and it is currently tracking at 75.89.
In addition to this, the 10-day moving average has continued its upwards crossover versus its 25-day counterpart. Should this momentum maintain this trajectory, then the next target for bulls will likely be a ceiling of $1,470.Tags in this story
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