GOLDGRAM

Ethereum full recovery after a 1 week stagnant

Formación
KRAKEN:ETHUSD   Ethereum
Etheruem spot price is sitting at $136.13. 80% in 4 hours candle are in bullish during the last 24 hour trade. Relative strength index are in over bought territory of 78.7 while the moving average is 50 or at $121.69.
Bollinger bands 20 is projecting a wide volatility from the 113 - 136.32 level.

Since February, cryptocurrencies are starting to be steady after encountering low volatility, leading to a dip in the crypto market valuation. However, as of 18 February, the Ethereum price has started to surge, recuperating and easing the pressure on the crypto market.

Bullish sentiment
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