Ethereum Holds Above $100 as Sell-Off Slows

On the short-term trend, the price of Ethereum is in a sideways trend. The $102 price level is now the current support level while the $124 price level is the current resistance level. However, the Relative Strength Index period 14 is level 28 which indicates that the price has reached the oversold region of the market, suggesting $102 may hold for a bounce.
Source: Crypto Globe

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