While Bitcoin is close to its all-time high of March 2024, altcoins such as Ethereum are lagging behind. However, ETHUSD is also set for price gains in the near future. The price has stabilized at a fair value gap and is now showing bullish price action.
The DMI (Weekly Chart) is also showing a change in the sign of the trend from bearish to bullish.
We are therefore bullish for ETHUSD in the coming weeks and months.
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