By Christopher Romano — Oct 22 - 11:50 AM
Ether hit a 2-month high Monday then closed the session lower
Daily RSI diverged on that high & a daily inverted hammer formed
Today a price drop follows that hammer and the 10-DMA was pierced
US yieldUS2YT=RR & USD/CNH gains, stockESv1 drop helped sink Ether
Daily RSI is falling again and a monthly doji candle is in place for Ether
Tech signals suggest Ether's downside risks are increasing
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Source:
Refinitiv IFR Research/Market Commentary