As the crypto fear and greed index is just five points below the ‘Neutral’ sentiment, the crypto market sees a decent recovery.
Consequently, Ethereum saw a much-awaited jump above the $4,000 mark but displayed a weak directional trend. On the other hand, Dogecoin consolidated and DOT crossed the 50-SMA while flashing bullish technicals.
Ethereum (ETH)
Source: TradingView, ETH/USDT
As mentioned in the previous article, ETH saw an expected trend reversal after forming a month-long falling wedge. It saw a 10.41% incline in just six days. As a result, ETH crossed the $4000-level after retesting that mark four times. Over the past few days, It formed a symmetrical triangle on its 4-hour chart. Now, to confirm the bullish strength, the alt will
Read more on ambcrypto.com