💰 Ethereum Weekly Analysis
🔼 $ETH gained 4.4% this week and closed above the $1,840 support.
📈Bullish signals:
- Weekly MACD turned bullish, a signal that's led to big moves over the last 3 years
- RSI bullish divergence remains intact
- Price holding above the $1,840 support
📊Key levels to watch:
- Resistance: $1,950 and $2,400
- Support: $1,840 and $1,500
💥Major event:
FOMC on July 29th
💹 Holding above $1,840 keeps the trend bullish. A break above $1,950 could open the door to $2,400.