The analyst predicts Ethereum will bounce higher and reach $9000 when it dips below the 200-week moving average and the weekly RSI hits 30.
Historical pattern where Ethereum price bounces higher when it dips below the 200 WMA and weekly RSI is at 30.
ethereum:native Everytime the price action dips below the 200 WMA AND The WEEKLY RSI at 30 The price action bounces higher. ethereum:native to $9000 https://t.co/JzfUx0vAun
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +5.3% | +5.4% |
| 1 week | +7.8% | +7.9% |
| 1 month | +15.8% | +15.6% |
| 3 months | — | — |
| 6 months | — | — |